Bitcoin

Bitcoin in Bullish Consolidation Structure

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The structure of Bitcoin is becoming more clear as the price action above $10.000 is showing the market for now is comfortable maintaining these prices. This higher low hold could be the completion of the (C) wave and the start of (D) wave up to set a lower high in the higher $12K area in the coming days and then another higher low for the (E) wave bounce and presumed Bull Breakout... this can be validated with maintaining above the low of today at $10,8K... as retesting that level again would mark the 6th time the higher $10K area is tested and I don’t expect it to hold then...Weeks left still for the overall pattern to complete...‬Trade Safe...Chonis

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