Bitcoin: new highs – hew hopes, new flags – new goals
A strong Friday price exit up from a flag consolidation was to attract investors’ attention to a daily graph chart and execution of a May bearish trap in particular. More than a 2-month positions accumulation is now playing out in a decisive cycle of the 5th wave. Your profit crop will be plentiful if you double the price way from the spin low of July the 20th until Friday’s break-out. But one is not to be in a hurry to make targets @ around 67K as it might be only two thirds of the entire distance to point 6 @85K or higher. Any weakness in either correction is to be regarded from the point of adding up to the position.