Benimen

BTC working on a short-term bottom followed by consolidation

Long
Benimen Updated   
COINBASE:BTCUSD   Bitcoin
My Elliott Theory says this decline has 1 more possible low to it and then it's potentially off to a month of consolidation sideways to complete a wave 2 bottom followed by wave 3 in September.
Basically, go on vacation for the rest of the month...nothing to see here for awhile.
Comment:
Looks like that could be the low. Putting stops just below that $6100 low.
Trade closed: stop reached:
This bear is relentless. There looks to be more decline in the short-term here and possibly could break late-July lows at least.
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