Quick BTC update 08.07.2019

in btc •  5 years ago 

BTC is taking its time. No heading for the exit... Just correcting over time instead of price.

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If you think this to be useful information:
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Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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Have a nice day :-)

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Have these counts been invalidated with latest price developments?

Both still valid but a lot more unlikely now. I am thinking it is the second count with red b being done now (the subcount of b is different than anticipated in the picture).
Confidence, if BTC drops hard now, target 8k. Could also develop into a triangle (still part of yellow wave 4).

I will likely update tomorrow.

Thanks and last nights drop confirms that. Your target makes sense, especially as it now looks that a double top is in the making