I might be wrong in my previous elliot sub-wave count because sub-wave 4 went into sub-wave 1 territory. This is forbidden in Elliot Wave concept. If my sub-wave is right for now, my deduction based on the stochastic RSI indicates that we will be trying to hit 11,700 in the next few hours. Let's wait and see.
Disclaimer
This post and ALL (previous and future) posts are purely for entertainment purposes only. The owner of this post is not a lawyer, accountant, financial advisor, investor or pastor. All the comments here are personal opinions belonging to peace-loving, Zen-like individuals. Any advice and opinions here should be taken with a grain of salt and should not be relied upon for any individual circumstances.
Disclaimer
This post and ALL (previous and future) posts are purely for entertainment purposes only. The owner of this post is not a lawyer, accountant, financial advisor, investor or pastor. All the comments here are personal opinions belonging to peace-loving, Zen-like individuals. Any advice and opinions here should be taken with a grain of salt and should not be relied upon for any individual circumstances.
A rising wedge has formed. It doesn't look like Bitcoin is able to regain its composure to hit above 11,400 again. I would stay on the sideline to watch if I were you.