What to expect from the market going forward from here:
Well, for me it's pretty clear that the next wave up has started from here.
In this entire corrective range on Bitcoin for the last 6 months we made the first higher high last week.
This means the bottom is in and we'll likely go further up from here and now.
However, we made a higher high so it's up-only from now?
No it isn't. It could but often it isn't.
In 90% of the cases it means the local bottom is in of the current range and the next correction is a HIGHER LOW.
That higher low has 2 possibilities for me.
If the market is really really bullish we could even retest the current high ($64-65k) and continue up from here.
But more likely I also see higher odds at making a higher low at $60k give or take.
The most important thing to me here is that it's been highly confirmed that the current corrective trend from the last 6 months is basically over.
We are moving past that now even if a small correction can still occur.
Better days are coming đ€
