As we told you new impulsive wave to the new ATH has been started below 80k for BTCUSDT and now price found some resistance.
Next 2-4 weeks will be very difficult for traders and holders and we will explain you why.
On the 4h time frame we can see the new impulse which shall consists of 5 waves.
Awesome oscillator tells us that this is the wave 3 inside this impulse and it can be over because of target area according to Fibonacci. The wave 4 can retrace to 88K.
and it can happen very soon, but this time altcoins promised to remain strong. The next growth will happen to 94-95k in the wave 5.
Dominance can reach our final target at 66%. The further correction to 0.61 Fibonacci below 85k will cause the atlseason and after that altcoins will grow in the very short period of time with the growing Bitcoin.
Trade at your own Risk 👍
Best Regards, Trade Cryptocurrency
Stay Tuned for Further Updates.
