BTC's time to rise and shine [watchlist & slowly add positions]

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BTC's time to rise and shine [watchlist & slowly add positions]Bitcoin / U.S. dollarBITSTAMP:BTCUSDChipsnCheeseBitcoin has been a disappointing asset in the current market's bull run with many analysts suggesting that we may have some more drop to go. However, while plotting the wave struture on Weekly, Monthly and 3M time frames, the chart is looking promising with bottom likely in. The move up from 63k to 82k and now to 66k looks like an starting triangle and likely depict wave 1 and 2 of the new rally, making the top of this cycle posssible at 134k or 154k level. I wouldn't recommend a rushed entry as volumes are still very dry but to keep it in the watchlist and slowly add long positions at these levels.