Almost a bull market. Just one more correction after this move up to $10100
The market is indicative right now and it will become apparent that we are printing a nice strong bull flag which clearly takes us much higher.
Once everyone is long, we go short again.
Thanks.
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Not sure how low wave 5 goes, but I think there are so many bulls right now who think that we are going straight to 50K, these are the ones who will be panic selling when it starts hitting $6000... so maybe a big flush right at the end to 5000ish!!
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Alts have led this move, it's Bitcoins turn now.
Expect a short squeeze from £7100 breaking the log downtrend, then up to $10000 in a 5 wave steep vertical pattern with small flags along the way.
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A closer look at our pennant. The shape is now less of a flag, expect the retrace to $8050 only.
Long to $10000 when it moves out. Expect a small retrace to reconfirm the break-out is legit.