Hey family
#BTC still in-between the regions discussed.
Again a breakdown of our major trend will lead us to testing $5,859 with $4,778 being likely.
Price however is moving in a channel down towards the bottom trend with an easy 5 waves.
This channel if broken upwards is a Bull Flag.
If we are to break up again i see us testing the designated $8,200 - $7,800 ranges.
A break of this leading us towards our 10k test.
However, it seems so many people are waiting on the sidelines for this "one last dip" , so unless a large increase in volume occurs with lots of buyers pushing us above $8,200 , then $4.8 regions may be more likely.
Stay aware of the stuff on my charts, enjoy!
Legal Disclaimer: I am only as good as guesses and fibonacci , i love to share my information however i am not telling anybody to specifically follow in any of the trades or decisions i make. I win , I lose but at the end of the day i use this all as a platform to share my opinions on possible outcomes and trades i will be completing. Happy Trading!