After the bull run and the subsequent correction went as expected, the Bitcoin has been giving a potential start impulse since 12:10 pm ( CET ) on 24.01.2020.
In my opinion a bit too early, as I would have liked to see the $8,066 range. Well, this is part of a possible trend reversal, that the bulls might also "come too early".
As long as the bulls have not gone wild, I will wait with an entry. But at the latest from $ 8.595 I would probably get out my lasso and swing myself on the back of the bull again.
Have a nice Kryptonian weekend. Stefan Bode from Hanover
Hey Stefan! Looks like the initial bottom of a fourth wave on the way down. No reasons not to try and trade it with a tight stop...
But I suspect, like you probably do, that price will probably revisit the lows.
But I suspect, like you probably do, that price will probably revisit the lows.