bkouassi89
Long

BITCOIN >>JULY 10 << SIT BACK AND RELAX

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
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On June 29, we broke the 100 MA on the 4h chart. What did that mean? In conjunction with the waves it could mean two scenarios. The first one was that the correction is taking a breather and the second one is the end of the bear market. I'm leaning more towards the second scenario.

Remember, my wave targets and channels are estimate target levels and are based on Fibonacci and Elliot Wave Principles. They are subject to possible adjustments. Timeframe was not taken into consideration when projecting targets.
DISCLAIMER: THIS IS NOT PROFESSIONAL ADVICE BUT MY PERSONAL REFLECTION OF THE MARKET.
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