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RE: Bitcoin (BTC) Morning Update: The Primary & Alternate Counts
Going as up as 15k$ will not confirm an uptrend imho, it could dip from there as low as 2k$. But if it goes over 12k$ it's true that it will more than probably rise more. The critical resistance is 17k$, then 20k$ of course :-)
Thanks for sharing your charts anyway :-)
Yes, but if prices doesn't go below $6000 and if price takes out $12000 first, you have 2 higher lows, the first at $6000 and second at $8400, which would mean a new trend has formed. Thoughts??