$BTC TOP 20
Added 2023-07-02 19:04:20 +0000 UTC$BTC is struggling to break above that previous high and hold but we suspect this is due to the Subwave 2 count needing to complete before it can go higher.
We saw that Wave 2 pulled back to the 0.38 Fib so it won't be any surprise to see this Subwave 2 pulling back to the same Fib level before going higher for Subwave 3 of Wave 3, which is usually the most aggressive move of an impulse wave.
If you are interested in $BTC, start preparing your strategy to add and watch again where the 50 Day MA is, which is just at the 0.618 Fib now and moving higher, this will likely aid as a support too.
