BTC printing bullish market structure.
The following is to illustrate a possible 5 wave structure forming - although BTC rarely prints nice waves like this, this is more to show the fib levels (both price and time) that we can see price follow in the coming hours/days.
HTF, I'm still not sold that we're going up. BTC could push up to the 618 and then confirm HTF downtrend by dumping back down to a new lower low. So need to watch and see whether BTC gains momentum enough to push price above the 618, 782 and ultimately make a HH.
The following is to illustrate a possible 5 wave structure forming - although BTC rarely prints nice waves like this, this is more to show the fib levels (both price and time) that we can see price follow in the coming hours/days.
HTF, I'm still not sold that we're going up. BTC could push up to the 618 and then confirm HTF downtrend by dumping back down to a new lower low. So need to watch and see whether BTC gains momentum enough to push price above the 618, 782 and ultimately make a HH.