This is just a quick update to my Bitcoin High Time Frame analysis. We remain mostly on track with previous thoughts and I see two primary routes. I'm hoping to reach as high as $10.1 on the next BTC push upward. Doing so would result in the black route remaining my primary. Failing to push that high would likely result in the red route.
In either scenario, I am expecting some serious price contraction from Bitcoin over this year. I expect a ton of chop so be careful with over trading.
I would change my mind if we can manage to make a high timeframe continuation pattern.
In either scenario, I am expecting some serious price contraction from Bitcoin over this year. I expect a ton of chop so be careful with over trading.
I would change my mind if we can manage to make a high timeframe continuation pattern.
