pipdrifter

2020-09-21 - BTC Outlook

Long
pipdrifter Updated   
GEMINI:BTCUSD   Bitcoin
Looking like the outlook from the weekend didn't pan out as expected. No stress. All good buying positions. My original TA 2 weeks ago called for a move down to the $10500 area. We are still on track. Going to be monitoring price closely as contracts reach expiration.

I'm still bullish and viewing these waves as smaller waves inside of a larger Elliot.
Comment:
BTC tapped entry and immediately shot up. Sell off profits and wait for another dip or continue to hold.
Comment:
I am still bullish and do see these Elliot Waves happening, but the time of year and stock correlation could render the waves null.

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