Bitcoin is at the top of the channel at the 7950 level at the moment. There's just not enough momentum I don't think for it to go much higher.
I count 5 elliot waves so we should see another impulse wave soon. Before this I think it will consolidate around 7750 and 7600.
Lately I've just been shorting bull trap after bull trap. I expect bearishness to continue. At least for the next several weeks.
I count 5 elliot waves so we should see another impulse wave soon. Before this I think it will consolidate around 7750 and 7600.
Lately I've just been shorting bull trap after bull trap. I expect bearishness to continue. At least for the next several weeks.
Comment:
Target 1 reached. ;-)