BTC macro wave analysis.
Remaining bearish until the completion of this 5-wave set around 17.5-17.5k, at which point a key long position opens up for me.
I'm expecting this 5-wave will be nested within a larger bullish ABC. I would expect a retrace to at least 30k in this situation. Who knows?
As always, hedging my positions along the way.
NFA
I'm expecting this 5-wave will be nested within a larger bullish ABC. I would expect a retrace to at least 30k in this situation. Who knows?
As always, hedging my positions along the way.
NFA
Note
pardon my stupid fucking RSINote
Despite making a lower low @ 18,500, I'm still looking for BTC to retrace once more before the macro lower low. By way of contingency, I'm taking smaller bullish setups in the event BTC doesn't complete this 5-wave set.
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