btc is currently ranging between 12000s and 11100s. currently trapped in what looks like a triangle. a breakdown from this range would confrim a 5 wave move up and this cycle is correcting.
a breakup on the other hand would mean this cycle move up is not yet finished and we will be going up explosively to retest 13000s sooon.
Not
market broke down from the triangle has confirmed our market cycle of 5 waves up. looks like we may be bouncing soon and we will take it from there. we are currently building heading downt to 9s and may get some bullish divergences on the daily if we get there
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