fawaz1982

Strong BTC dip incoming before a new wave up

Short
BITSTAMP:BTCUSD   Bitcoin
I previously posted that this bullrun is over, i was too quick to judge. after reviewing on chain analysis and the fact that BTC is at very low supply, i think this run still has a chance.
we are in the middle of ABC correction from 53k to 43k (A) from 43k to 48k (b) and now we might see a C wave going down to 38k.
I dont invest in bitcoin but i placed some orders on some ALTs at a 30% to 50% discount hoping to catch them.

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