Hey friends, yesterday brought some new volatility to the market and interesting price movements emerged in the various coins.
Even before that, I suspected that we haven't seen the low in bitcoin yet. However, our new low around $15,500 may have been it now. To generate a sustainable uptrend, we would now need to move up in an impulse move.
If we reach a level of at least 19396.56$ and then correct again, that could actually be the start of a new upward structure
Unfortunately, however, it is still too early to have any real insight there. Bitcoin's long-term potential is enormous. Over 700% possible rise, in the upcoming wave 3 alone.
Even before that, I suspected that we haven't seen the low in bitcoin yet. However, our new low around $15,500 may have been it now. To generate a sustainable uptrend, we would now need to move up in an impulse move.
If we reach a level of at least 19396.56$ and then correct again, that could actually be the start of a new upward structure
Unfortunately, however, it is still too early to have any real insight there. Bitcoin's long-term potential is enormous. Over 700% possible rise, in the upcoming wave 3 alone.