It seems that we are going to have another small dip for Bitcoin (and for the mos popular altcoins too).
In the last weeks, wave C (in blue) has been forming and now it seems to come to an end. I marked the 5 wave subwave count of C in black.
I hope the next 5 weve up impulse is strong enough to take us above the 11.5K resistance level:
It that is the case, after the corresponding A,B,C correction; we would be ready to hit the 14K level again!
Now that I see the my drawings, this is looking very like a head and shoulders pattern. Which confirms more the target of at least dance with the 11.5K resistance.
What do you think? Please leave your opinion and your comments. If you liked the post, thanks for upvoting and following!