Bitcoin Analysis (VST) - The Final Wave (BTC/USD)
Updated
This is a very short term (VST) outlook for Bitcoin which will give us a general idea of how price is expected to behave over the weekend. Given that we are on the final wave, I imagine that price will be trading within the range as highlighted in the chart with a top near 8488 and a bottom based on the recent low of 8073. All this will be prior to a drop down to 7700 as what I have forecasted in another analysis. Yes, we are back to turtle trading with Bitcoin as price action shifts to alts.
Note
Hi guys! As you can see, price is slowly grinding to the top. The c was a miscount so ignore that. I got a few messages asking what I meant by turtle trading. It means we only trade when price moves out of the top or bottom range in my chart. That's all. Good luck!Note
Hi guys, here is my new Discord channel: bit.ly/cryptoez
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