Some people online were surprised to see Bitcoin drop today, but this is the same chart that we have been referencing for the last few weeks and it showed Subwave 5 of Wave 1 topping out and pulling back for Wave 2 now at this point. So I am happy to see this move the way we expect.
Breaking below $25,200, which is the middle blue line on the chart, should bring this nicely to our Wave 2 area, so we will be watching this closely.
NM
2023-04-19 15:52:57 +0000 UTC