Current Trend:
Bitcoin is currently in an uptrend on the weekly and daily charts and after finishing wave 4, It has started wave 5 to the upside.
Current Key S&R Level: 56552
A more detailed look is presented in a daily chart where the internal structure of wave “4” can be seen. It looks like wave 4 has done a double correction and now the price have started to move up in wave 5. Wave “5” will also come in 5 subwaves.
Even more detailed chart is the 4 hours chart where one can see what is haapening and how to trade it. Below is my 4 hours chart of Bitcoin.
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