Looking at Bitcoin's 4H chart right now. The bounce from recent lows? That's textbook corrective action. Which means we're probably headed for one more dip—either wrapping up wave v or kicking off wave (a). Short term though, don't rule out another leg up in wave iv before that happens.
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GateUser-a180694b
· 12-12 12:25
A decline followed by a rise is more reasonable
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MidsommarWallet
· 12-11 15:23
Bitcoin still needs to take another hit
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OffchainOracle
· 12-09 12:58
A pullback is expected after a round of upward movement.
Looking at Bitcoin's 4H chart right now. The bounce from recent lows? That's textbook corrective action. Which means we're probably headed for one more dip—either wrapping up wave v or kicking off wave (a). Short term though, don't rule out another leg up in wave iv before that happens.