So as the title says, since the beginning of the year mostly what we have seen is bitcoin posting a lower low and a lower high after every elliott wave count.
Specially after February all we have seen is a lower low and a lower high till date, but for the first time since Feb we can finally see a higher low on the weekly, although we still two days to go but this is still already looking way better than the last few times we have been in the cycle.
Why is this such an important thing to note is because we may finally be seeing some kind of trend reversal which we so need right now.
The altcoins went to the lowest prices that we have seen this year.
The market is really bleeding and we would really love to see a trend reversal.
Seeing a higher low is just one of the small things that might be leading up the that.
So I'm really looking forward to the weekly close and as a fellow crypto trader you should be looking at it too!
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