Many traders including myself expected bitcoin to retrace more, but the bulls just won’t let that happen. Hence I updated my wave counts as bullish point of view. As long as we don’t fall below to $9,000 this wave count is validated. Moreover, if bitcoin break above $9,500 range, my wave count becomes more viable. Firstly, we have a big resistance region around $9,700 which is our recent high and that would be my first target, followed by my second target at $10,200~10,400, and my third target at $11,000~11,500.
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