The chart above suggests that BTC
has hit a bottom, for now at least. We could easily see a five wave, followed by a deeper retracement. In fact, this would be a healthy thing right now. But we could flip super bullish
- this I crypto after all.
For what it is worth: I am 60/40 lower/higher.
We could dip deeper in the short term, but it appears unlikely.
Right now, my strategy is buy the dips.
Good luck, hope you all bought low.