Bitcoin broke thru new highs overnight canceling the idea of a developing larger triangle but following higher as we were expecting once the correction ended. If the wave 4 was indeed just a running flat correction we should find ourselves in wave 5 red that should still have some more fuel in it until it's over. I am assuming 10k is an attractive target for the market. I continue to maintain a bullish view until proven wrong by the price and the market should signal that pretty clearly, we just have to listen. Below 8950 and i would start planning a defense.
I recorded a brand new video friday on you tube under "cryptocowboy" account where i discuss the potential moves and what is happening going forward.
I have opened 3 telegram channels focused on crypto, forex and commodities , where I will be updating more charts and more frequent analysis along with market commentary. Since i cannot post links here , if you want to join you can go to telegram and search for "cowboy forex markets" , "cowboy crypto markets" and "cowboy commodities markets" . They are free and we will focus only on elliot wave learning and discussions.
I recorded a brand new video friday on you tube under "cryptocowboy" account where i discuss the potential moves and what is happening going forward.
I have opened 3 telegram channels focused on crypto, forex and commodities , where I will be updating more charts and more frequent analysis along with market commentary. Since i cannot post links here , if you want to join you can go to telegram and search for "cowboy forex markets" , "cowboy crypto markets" and "cowboy commodities markets" . They are free and we will focus only on elliot wave learning and discussions.