Mkhalid206

Mkhalid206

Not Financial Advice - It looks like its in these wedges and hypo wedges and ready to make a big move. Slow uptrend forming or is this may be a bulltrap.

Mkhalid206

Not Advice, just possible scenario. Looks like a mini wedge and a few more legs down.

Mkhalid206

Not advice just a possible scenario. 5800 seems to be a support but the more we touch, the more likely we can see a possible sell off. If it continues to go down under 5800 I expect it to hit 3000 before bouncing back up. This scenario may take time and may also be influenced by the BTC ETF decision.

Mkhalid206

Just a possible scenario, not financial advice. After consolidation, which has taken longer than the last time a few months back, bulls may take charge and drive up the price to around 8500-8800 ultimately before it heads back down to the 3-4k range. This process and chart may take the rest of summer to play out. Will it follow the same pattern as the last run...

Mkhalid206

Not advice, just a possible scenario. Similar to April.

Mkhalid206

looks like its going down. This is not financial advice, just an observation.

Mkhalid206

Goes below 9130 will go down further, if hits top fib again has chance to go up to 9800.