BTC has seen a very nice uptrend here in the last month or so, going up over $2k since its low back in the end of June. We most likely see BTC keep moving up here in the next week or so and potentially touch the $9.2 - $9.4 levels.
But as you can see from this chart, I still see one more drop down to finish the 5th and final wave which should have BTC test the low $5k before we completely have BTC come out of the woods. I would long BTC until the $9.2k levels and then start a short term Short down to the $5ks before Longing again for a potential long term bull run which should give use a test of the ATH sometime be the end of the year.
But as you can see from this chart, I still see one more drop down to finish the 5th and final wave which should have BTC test the low $5k before we completely have BTC come out of the woods. I would long BTC until the $9.2k levels and then start a short term Short down to the $5ks before Longing again for a potential long term bull run which should give use a test of the ATH sometime be the end of the year.