16 Dec 2020 ● 03:12 PM
Bitcoin has gone past the previous all-time high to set a new record. In doing so it has put on the back foot the case for a but double top. The new evidence of weakness shows up we should consider the earlier bullish wave count again. If 1/3 wave started then it can be equal to the 1st wave. Doing so prices can extend to as far as 30,000 which is also close to the top end of the rising channel for the given structure.