BTC watch 8k zone
Our team is waiting for a re-buy around 8k zone. We are parabolic currently with no sell or buy.
I see BTC falling the rest of the year in a corrective state until september with a bullish bounce and consildation build up for the first quarter of next year :)
Lets see how it runs. If you look at the left shoulder you can see a lot of range bouncing from our current top back down to the range floor. Please be aware that this is VERY POSSIBLE to head back to 6k. We will watch 8k to see how price will react.
KEEP IN MIND THE BIG BOYS AREN'T FULLY SETUP YET. Bitcoin may bottleneck because of this.
Daily divergence is also beginning to show. Ideally we want 8k zone to hold for the next wave up!
I see BTC falling the rest of the year in a corrective state until september with a bullish bounce and consildation build up for the first quarter of next year :)
Lets see how it runs. If you look at the left shoulder you can see a lot of range bouncing from our current top back down to the range floor. Please be aware that this is VERY POSSIBLE to head back to 6k. We will watch 8k to see how price will react.
KEEP IN MIND THE BIG BOYS AREN'T FULLY SETUP YET. Bitcoin may bottleneck because of this.
Daily divergence is also beginning to show. Ideally we want 8k zone to hold for the next wave up!
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