maikisch

Morning Update: Are We Targeting a September/October Bottom?

FTX:BTCUSD   Bitcoin
Bitcoin, like the Ethereum chart is carving out its final squiggles of its wave 1 down. Like so many other charts I would like to see OML (one more low) before a retrace takes place. The 1 and 2 on the chart pointing down if price fills in those ideally points to $15,000.

I have no reason to think we will extend beyond that point as of now. Right now, I want to see if I get OML and then a nice retrace.

Best to all,

Chris

PS: I’ll be on vacation from 9/1-9/15 and will not be posting during that timeframe. I may be able to respond to DM’s.

Go to ewtdaily.com for DETAILED DAILY UPDATES on this ticker, and get a 7-day FREE trial on updates on 27 unique tickers.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.