There is a intense fight between bulls and bears, right now. Following Elliot Wave Theory and keeping the 61.8 support in mind, I believe there will be a (at least short) positive trend reversal at around 8000 USD.
After the great run of btx in the last weeks, a bigger retracement was inescapable, which gave us a handbook ABC-correction. After shorting from 10200 I am looking for a good closing and longing again. For me this is the area around 9200 USD Why: - Wave C mostly as long as Wave A - Cup & Handle Pattern predicts a bottom at around 1/3 of the cup-size which is...
I am bullish in daily and imho we are at the ending of wave 2 now today. Any thoughts?