Let’s wait a bit before talking about the bullets.
First, the conclusion:
$BTC rebounded unexpectedly strongly, but no matter how strong it is, you’re still just a rebound.
This wave could reach 79555.5; most likely it’s the non-standard model’s 4–6h cycle peak. Wait for a pullback.
Let me emphasize once more: being bearish doesn’t mean shorting.
(Although the 30m top shows a divergence, which is a classic signal for a BTC 6h cycle pullback, after all it’s still just a pullback market. Moreover, in a strong bullish market it’s easy to get needle-like wicks. Greed tends to make people lose control.)
First, the conclusion:
$BTC rebounded unexpectedly strongly, but no matter how strong it is, you’re still just a rebound.
This wave could reach 79555.5; most likely it’s the non-standard model’s 4–6h cycle peak. Wait for a pullback.
Let me emphasize once more: being bearish doesn’t mean shorting.
(Although the 30m top shows a divergence, which is a classic signal for a BTC 6h cycle pullback, after all it’s still just a pullback market. Moreover, in a strong bullish market it’s easy to get needle-like wicks. Greed tends to make people lose control.)
