My main EW-count has not been invalidated yet despite it is true we have had a terrific past week.
The EMA-200 in the 4 hour charts seems to hold strongly the drop but what I really like is the fact that previous lows have formed an interesting divergence with the RSI oscillator.
In my opinion, the 4th corrective wave has been finished and we are entering on another upwards one which can bring BITCOIN again towards 64K in a glimpse of eyes.
Nonetheless, the path we have in front of us will have many dumps in the middle while some whales will want to take some profits.
Remember that 30 to 35% corrections in a Bull market are very common but always have been followed by a more powerful rise later.
Fireworks can appear at any time soon IMO.
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
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