Bitcoin Dips!! Where to buy back??

11 בינו׳ 2021

Bitcoin saw quite a correction over the weekend. This is typical for cryptos who tend to see a lot of action on Saturday or Sunday nights. We definitely appear to be in the corrective phase of a 5-3 Elliott Wave. It is likely that we will see another burst of momentum sometime soon. If not, we could retrace further to 31.6K or even 28.5K and still be considered bullish. The 30K level is important technically and psychologically. Current levels are a good area to buy. We could always add to the position as it dips further. When it picks up, watch for it to retrace the entire dip back to 41.9K