BTC/USD - testing important level

BTC is at a crucial level, if it can cross the 59K it might head for new all time highs.
Otherwise, a possible reaction at this level could bring the price down to the 42K. That could complete wave 4.

I remain bullish in the long term, but if we to consider the possibility that a bigger corrector could take place.

Commento:

It seems that finally the market is revealing itself: BTC tested the 59K resistance several times but couldn't break it and took the down turn making lower lows.
Based on my wave count the for wave 4 at 42K.

Trade chiuso: obiettivo raggiunto:

Hi guys,
there is a possibility that we have completed wave 4.
If the price drops further we could get to the 30k level.
Anyway I see any further dip as a buy opportunity.