I believe that we have just completed wave 4 of an elliot
impulse wave over the last few days and we're coming up on the wave 5. After the wave 5, BTC
will begin correcting over the next few days as low as possibly 5.5k. I'm confident that BTC
is going to continue rising until the 6th
because of the SEC hearing on crypto on that day. I believe there may be bad news that may come as a result of the hearing which could cause bitcoin
to come crashing down over the next few days until it falls as low as possibly 5500.
Article of the hearing: https://cointelegraph.com/news/us-sec-cftc-to-focus-100-on-crypto-in-dedicated-hearing-next-week