SUMMARY
Bitcoin (BTC) has re-taken the upper white trend line! It has done so in an undeniable five wave impulse as shown below. This is signficant in both technical analysis and trend direction. The yellow five waves up has occurred very vigrously...very much like a wave 3 of a smaller degree. Now the key is for price to remain above the trend line and continue impulsing upwards.
Here is how the blue five wave impulse could fit into the bigger picture. IF the red ABC minor correction is complete, then this means blue waves 1 and 2 are complete. Which comes after wave 2? I believe blue wave 3 could be starting with these yellow five.
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