BTC:USD short term gain

30 ביולי 2021

This is my take on BTC. I think we moved up impulsively the past week. I'm counting this impulse as a one two, one two. As of right now we have room to go up for a 5th wave. around 43k. At that point headed down for a correction. Either it will be a B wave or a wave 2 on macro. I'm leaning toward B wave and at 47-50k seeing us having a long term correction. Completing a long ABC. BUT time will tell and if this forms out we will really see the formation confirmation once we are at 50k. If the structure turns into 5 waves then we have some nice profits ahead.