BitcoinShort
Bitcoin (BTC): Can we get a Flameout Wick?
The past three wave structures are clear (ABC red labels) which indicate corrective nature. The current rise is likely to be no different as the five subwaves of the C wave is probably almost complete.
However it would be most ideal to extinguish this bear rally with a "Flameout wick" where the FOMO captivated buyers give one last "umph" before succumbing to the bear gravity downpull.
However it would be most ideal to extinguish this bear rally with a "Flameout wick" where the FOMO captivated buyers give one last "umph" before succumbing to the bear gravity downpull.
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