the chart is showing a good possibility of the first stages of the NEW Bitcoin BULL run about to pull back ready for the next motive wave UP. I am waiting for the pull back close to the position (2) with a stop at the previous low. high probability low risk for anyone who wants to get back in on the next move up for Bitcoin.
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So far so good, working a treat. In case this turns out not to be wave 3 profit taking would be a good idea soon. maybe look for wave 4 confirmation for small risk. risk reward is already over 5:1.
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