People. Please, stop looking at 1 minute, 1 hour candles, and fudding.
Bitcoin broke past the cups rim, went much higher, and now has been simply retracing to it's main support line, around $6000, it shouldn't go much less than that. Once we hit 6K, I believe we will have some consolidation there, which will prepare us for the 3rd wave up, taking us to 20,000k and beyond.
...Once we break past 20,000k , then alt season begins.
Note
6000k target if bitcoin is more bearish, it bitcoin takes off sooner we may never hit 6k again.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.