btc 6-29 update ~
good evening ladies and gentlemen,
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i'm gaining more confidence in the short term bull case for btc as more of the herd turns bearish.
looking for a local bottom in the low 19k range.
if 19k range holds as support, i will be looking for follow-through to the upside in 3 choppy waves to complete the local b-wave at around 24k.
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>a break below 19k could open a door to retest the lows
>if lows are lost -> 13\14k can be reached.
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if we do indeed get the bounce i'm looking for, i will interpret in one of two ways 👇
#1.
#2.
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i'm gaining more confidence in the short term bull case for btc as more of the herd turns bearish.
looking for a local bottom in the low 19k range.
if 19k range holds as support, i will be looking for follow-through to the upside in 3 choppy waves to complete the local b-wave at around 24k.
---
>a break below 19k could open a door to retest the lows
>if lows are lost -> 13\14k can be reached.
---
if we do indeed get the bounce i'm looking for, i will interpret in one of two ways 👇
#1.
#2.
Aviso legal
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