JULY 2021 Crypto Market and Bitcoin Analysis

in bitcoin •  3 years ago 

At the time this is recorded, all timeframes are in bullish mode.
1 Month TF:
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1 Week TF:
image.png

1 Day TF:
image.png

3 Days TF:
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If we'll be breaking this itchimoko cloud within 2 weeks via 3 days TF @ 45-46K and then test the 42K as a confirmed support, I'll be the most bullish guy be. We'll be riding this back to 60K level and if broken, then I'll be focusing more on Alts for better gain.

Scenarios:
First:
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Second:
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Third:
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Updated E-Wave Count:
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These 3 scenarios will be invalidated if the 28K support will break. It will bring us to a whole different story, which a 25K test support or even as much as low as 18K will be back on the table.

that should seal the most bearish scenario for wave 4.