Bitcoin (and other cryptos) made a nice spike up since the potential bottom in December.
This move might be the first of a potential big rally.
Right now we can count a big wave up followed by an ABC move down where wave C is an Ending Diagonal.
This suggests price should go higher from here.
Notice also that Bitcoin is inversely correlated to stocks and a Sell off might imminent.
If that's the case and stocks start to fall, we should see cryptos take off.
This move might be the first of a potential big rally.
Right now we can count a big wave up followed by an ABC move down where wave C is an Ending Diagonal.
This suggests price should go higher from here.
Notice also that Bitcoin is inversely correlated to stocks and a Sell off might imminent.
If that's the case and stocks start to fall, we should see cryptos take off.
Catatan
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Catatan
We got a nice spike up. Now looking for 3800. Before any significant pullback. Catatan
Alright, we broke the upper channel line.Things start to look good for cryptos.
Catatan
Catatan
The sunday's sharp decline suggests a three wave (abc) correction. If we see a sharp move above 4120, bulls will have their way. Catatan
Catatan
Getting ready to go up again Catatan
Hidden Divergence building on 4H suggests more upside is coming. I expect one more push lower first.
If price goes above 3770 we will see price go up.
And with it, as always, other coins will follow.
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