Is this the start for Bitcoin to the new ATH?

Hi traders,

Last week Bitcoin price went into the Daily FVG, dropped and closed under the recent low which invalidated the (orange) Triangle pattern of last week and created the smaller wave 4 (grey) of C (orange). After that it dropped into the lower Daily FVG which is the finish of the bigger (orange) ABC pattern and (red) wave 4.

So now it looks like it's making a clear impulsive upmove. So wait for a close above the dotted trendline (change in orderflow to bullish) and trade buys long term (to a new ATH).

Let's see what the market does and react.

Trade idea: Trade longs after a clear impulsive upmove and change in orderflow to bullish and a small correction down on a lower timeframe.

If you want to learn more about my analysis, please make sure to follow me, give a like and respectful comment.

This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.

Don't be emotional, just trade!

Eduwave