Strike Analytics

Bitcoin

21 Jul 202110:15 AM

I was not looking but a Twitter message of a bounce got me to look at the possibility of Z being complete. The falling channel for wave Z is breakout out above 31178. So if we close above that we have the first sign that the long shakeout in BTC is over. If this is still a liquidity indicator for markets then time for hot money to come back maybe. The low of 29310 may be watched now.

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