$BTC: Is Bitcoin Ready for a Bull Run?

$BTC: Is Bitcoin Ready for a Bull Run?

Bitcoin has passed another test today
Bitcoin dipped into this support region
that uh we already talked about a few
days ago um and we’ve seen a reaction so
that’s interesting so we’re going to
take a look at the relevant pivots the
relevant micr structure support and
resistance and if we possibly have first
indications that the third wave to the
upside here has started quick um quickly
here in the beginning what are the what
are the potentials so we have the yellow
count that I’m currently giving the
benefit bit of the doubt it’s not the
clearest pattern but uh it’s very
painful to watch actually at the moment
price action but um yeah we’re tracking
an ABC structure in the yellow scenario
in wave four that means the wave four
pullback could have completed indeed
here on the 19th of April after a third
wave topped here around the 14th of um
March so it’s a three-wave move down we
were able to track five waves up that’s
the first level of confirmation

$BTC: Is Bitcoin Ready for a Bull Run?

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