BITCOIN - Shakeout Bounce

21 thg 7

Bitcoin is moving on up after a fast whipsawing shakeout bounce.

This is a typical liquidity snatch of the market makers and now that it has happened, there is more strength in the area.

Notice how it devastating it looks here!



And it was bought back up in a hurry; right at the 0.618.



As I'm writing this it correcting back down but this area should now be very strong for continuation upward.

Not advice.

22 thg 7

Ghi chú

Might be completing a 3 wave correction here on low time frame.

Could be moving on up soon 👍.

22 thg 7

Ghi chú

Another wild and whipsawing wave down yet again bounces exactly at the 0.618 again.

Nice moment to buy up dips. I bought a bunch of altcoins and BTC miners.