Since the start of this last week bitcoin as tested many times the 4K level. I see it as a last final 5 waves structure to complete this potentially rising wedge on the higher time trames.
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I think we are completing an inverse head and shoulders pattern.
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That idea is no longer valid ;)
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Stochastic RSI on the weekly turned bearish with a downcross. Target: $3600
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I re-opened my long. I made a mistake. I think we are experiencing bullish divergence on the higher timeframes.