Bitcoin - Minor triangle likely developing in wave iv/
Bitcoin has rallied nicely and more upside remains expected here, but the ongoing wave iv/ correction will likely take the shape of a triangle, which means more sideways trading before the next impulsive rally higher in wave v/ of iii towards 6,722.
Longer term, I continue to expect the ongoing wave 5 rally to blow-off and top near 9,150.
Longer term, I continue to expect the ongoing wave 5 rally to blow-off and top near 9,150.
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