BITCOIN UPDATE

BITCOIN UPDATE - ok so bitcoin is running out of momentum and is facing this strong level of resistance of around 59-60k.... on the daily timeframe what we can see is a massive bullish impulse which we capitalised on, after a daily impulse what you expect to see is a daily correction - specifically a daily correction to hit the 0.382 - 0.50 fibonacci, this zone aligns perfectly with the one red candle in the bullish impulse (this candle will know act as support) so what im expecting to see is a daily correction to this zone which will then also form this massive inverted head and shoulders on the daily timeframe and then we will be ready to add another entry to our already open position to catch the second bullish impulsive move to ATH. We will continue to hold our long risk free after already securing 3 targets and we will look to add another position after this daily correction.... if you arent already in the long then dont get FOMO and buy the top here wait for the pullback to support and buy the dip.