This morning came with huge volume to the upside as the Bulls took control to drive the market higher. This unfortunately invalidated the sub 1-2 waves forming but as the old saying goes "Do you want to be right or do you want to make money?" The point is that we expect to see further declines despite many analysts calling for $12k BTC in the coming weeks. If some quick scalps to the upsides do appear, those are great setups to take but now is not the time to load the boat to the long side.
News:
South Korea Back-Pedals On Crypto Ban:
Canadian Exchange To Launch STOs Based Off Of Ethererum - Different Than ICOs:
Saudi Banks to Partner With Ripple:
The Pink 4th Wave is playing out at its own pace. Patience is the key.
