raywilkerson

Bitcoin roller coaster nearing an end - Path and channel unclear

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
We have a bullflag, which if it executes still does not break the bottom of the cloud. If we turn south from there I see $5600 USD. If there is sufficient volume at the top to get into the cloud following that flag, we go into an 8-10k channel. If not the corrective channel is gonna be 6 to 10K.

Of course this assumes there is not some massive manufactured bad news to release at the start of the next downleg, orange or purple. Always gotta worry about timed bull****, right?

What do you see?
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