cryptcowboy

#Bitcoin 4h chart update! 06/20/19 6:25 pm EST

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BITFINEX:BTCUSD   Bitcoin
Bitcoin broke higher of the suggested triangle/corrective pattern and is knocking on the 10k handle . The present wave structure needs some more legs upwards for completion, and I will be on lookout for signs of exhaustion since we're considering this to be a 5th wave. 9385 becomes now a level to watch on the downside that would trigger an alternate change to the outlook. But for now the uptrend is solidly in place so we will stay with it for as long as possible.
For more explanation of my counts and the levels we're watching and targeting visit my you tube channel "cryptocowboy" , i posted a new video yesterday.
Our telegram channel "cowboy crypto markets" discusses more detailed updates and lower time frame charts. If you want to learn more about elliot wave , it's a good place to get live market info and familiarize yourself with the wave counting process.
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