Bitcoin is lower today, so its more than obvious that triangle was not in wave four about as mentioned in analysis yesterday, but it was rather a triangle placed in wave b of four. But what really matters at this stage is that pullback is still corrective, so more time is needed for new highs. Rise above wave b swing high near 2775 will be a confirmation for rise into a fifth wave.
Hi, another triangle formation near 2500. Then up to 2800 or down to 2200?
TomPower
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@synolog, just wondering maybe 2200 as I've got some news about the US IRS going to charge for international Financial transactions with cryptocurrencies being taxed just like regular currencies.