My last chart still stands with a weekly bearish trend:
However after confirmation of a higher high higher low on the 4 hour and 6 hour looks like we will have some bullish movement on the Daily. In my opinion however we will tap out around 8800-8900 (Which is my exit) before coming back to the down trend.
Saving this chart to see how my Elliot Wave fits over the next couple of days.
I'm still bullish long term on Bitcoin, we will see 100k Bitcoin by 2020, however we will probably see sub 6k Bitcoin this summer, be ready to add on that dip for a great weekly swing trade.
However after confirmation of a higher high higher low on the 4 hour and 6 hour looks like we will have some bullish movement on the Daily. In my opinion however we will tap out around 8800-8900 (Which is my exit) before coming back to the down trend.
Saving this chart to see how my Elliot Wave fits over the next couple of days.
I'm still bullish long term on Bitcoin, we will see 100k Bitcoin by 2020, however we will probably see sub 6k Bitcoin this summer, be ready to add on that dip for a great weekly swing trade.