CURRENTLY:
-- Wave 1 of the motive (impulse) wave sequence formed? Maybe
THE GOOD:
-- BTC looking to test and pass the $9k resistance level with some serious momentum
THE BAD:
-- massive money flushed into the bidding position(s), thus a quick and intense rise from $8300 was seen to $9000. Thus a quick downturn is expected then some consolidation
THE UGLY:
-- we need to decisively pass $9k to stay above it
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