DoujinStars
The Long Investor
The Long Investor

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$BTC TOP 20

A Wave 4 pull back holding on the 0.38 Fib at $86k, amongst a very strong confluence range does not scream bearish to me.

I continue to see this pull back in 3 waves which means the overall structure remains in an impulse count.

The 200 Day MA is also in between the 0.38 Fib and 0.5 Fib too to offer further support.
And most importantly, the daily RSI is at 25 now, this is not where you would expect to see the Top.

I continue to expect one more leg up to complete Wave 5 here.

$BTC TOP 20

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