It seems that we have just completed a Wave B Triangle and also broken above the b-d Trendline.
If this interpretation is correct then we can see next Wave C up till 4380-4700 levels.
Also if this pattern is incorrect then we can exit the longs below 3620 which is also the low of Wave e of the Triangle.
Bitcoin – Triangle broken to the upside, next Wave C to the upside
Overall this setup is offering a great Risk to Reward long trading opportunity.
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