Bitcoin has been on a tear for more than a week, first retracing its Segwit2x fallout and then some. Both Kovach Momentum Indicators are solidly bullish, indicating that now might be a time to take some profits, but we are solidly pushing against the upper Bollinger Band of the Kovach Reversals indicator. Be patient for a pullback to add to a position.
It looks like we are in wave 1 or even wave 3 of the impulse of the next 5-3 wave. The Segwit2x fallout represented the end of the ABC wave concluding the last 5-3 wave.
Now, the psychological level of $10000 is becoming increasingly more of a reality.
If you're interested in gaining access to the Kovach Momentum Indicators, Reversals Indicator, and Crypto Specific Indicators, check out quantguy.net
It looks like we are in wave 1 or even wave 3 of the impulse of the next 5-3 wave. The Segwit2x fallout represented the end of the ABC wave concluding the last 5-3 wave.
Now, the psychological level of $10000 is becoming increasingly more of a reality.
If you're interested in gaining access to the Kovach Momentum Indicators, Reversals Indicator, and Crypto Specific Indicators, check out quantguy.net
Join my discord at discord.io/quantguy
