$BTC $BTCUSD #Bitcoin
I am watching an attractive long setup forming before our eyes:

BTCUSD 120 min chart
I expect BTC to produce a five wave up rally off the last low made on June 22.
That rally shall be able to reach 135,000.
As any five wave up rally we try to locate a launchpad pattern, a wave -i- up followed by a corrective wave -ii- down.
This -ii- down may be a very shallow consolidation that can bottom over 105,000.
A smart way to play that setup is to go long on a break over the milestone resistance 109,000.
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