The bullish momentum has exhausted in another bearish “sweet zone” of Bill Wolfe
BTC has been really squeezed like a sponge for the last week or so. However, we hope you have enjoyed as merely the latest 4th wave, the end of which we currently see. It is surely not the longest one in such a complexed structure since our target now would be as low as 58800. Your stop orders can be already placed either above 1-3-5 line of a bearish pattern or right underneath which seems to be more reasonable. It is better to add up on to your position in response to any retracement on the way to the goal.