Strike Analytics

Bitcoin

30 May 202107:10 AM

Bitcoin is the only currency [assumed], that trades on the weekend. Now that means that some price patterns may complete when all other markets are closed. Like wave E of this triangle that could be done at today's low and we start a recovery from here into a long term 5th wave. Then it should be an impulse wave to new highs and not just a recovery from the lows. Again watch the 61.8% retracement mark in case any failure signs are to show up. That is at 51620. Once that is crossed and the rise from here shows clear impulsive waves, meaning 5 wave subdivisions, then we know we are in a bullish trend.

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