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BTCUSD: Wave 3: 5800, Wave 4: 4600 and finally Wave 5: 6400

Dear trading enthousiast,

The are quite some people expecting BTC to quickly return to the (sub-)4K price range.
Actually, because of that, the opposite seems more likely to me.

I think we are currently in an asecending channel. Although the MACD is about to cross bearish on the daily, I expect an impulse to $5800 before we really start correction wave 4, as I shared before. The final target, after revisting the $4600 support/MA region, would be in the $6400-$6600 range.

Love to read your comments!

TheNDK

This post is for your entertainment only and not trading advise
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