Bitcoin is looking to take out its recent lows in the next weeks

13 thg 9, 2018

This recent bounce has been playing perfectly like an ABC correction. The C wave will soon hit 100% of the first, which lines up with the top of the 4 wave on the way down. ~6510-6520. The RSI is also very high on the one hour, and could easily bearishly diverge on a 5th wave upward. I expect the next large stopping point is 51-5200.