Bitcoin is breaking to a new high, which was expected after that sharp fall back in September, viewed as correction within ongoing uptrend. There is room for current fifth wave rise up to 6k or even 7k, but be aware that its final leg within big five wave recovery, so corrective turn, a sharp one, should not surprise you. Any early drop below 4500 would suggest that high is in..
We also made video analysis on bitcoin in case you are interested.
Video link is below article, in signature, since I do not know if there is any option to record and share video directly here on trading view. it would be valuable feature for sure. thank you all for your understanding ;)
Bticoin almost at 6k. be aware of a corrective set-back.
Bitcoin have just hit 6000 as we projected! Be aware that we are in 5th wave, so upside can be limited!
@TomPower, thx for kind words Tom. You know buying BTC is not hard, the hardest part is when/how to get out or survive when you see 30-40% drop. market has nice set-ups for active traders to limit risk and exapnd reward, but for longer term investment because of volatility, not good for me. :D