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RE: Market Update: Bitcoin breaks trend-line resistance and finds a bid on the re-test
NOW is NOT the time to be taking SELLING Actions but rather BUYING Actions.
NOW is NOT the time to be taking SELLING Actions but rather BUYING Actions.
2 to 3 is OK. 3 to 4 has to go further down to make fibo works as high in 5. But it is going up as you said, it is a buyers market if there is no fundamentals on the way.
Yeah EW really isn't my kind of thing, but that particular wave does look abnormally shallow - former resistance (5) reacting as support would be more likely