#Bitcoin 4h chart update! 08/20/19 8:00 am EST

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin advanced the correction but managed to stay under the 11,230 level . This latest upward movement was a bit more prolonged but i continue to expect a resumption lower to complete the larger pattern of a wave 4 or 2. We should have prices dip below 9k to satisfy the full correction requirements . This should take us to early/middle September at which point a larger rally should be unfolding for a 5th or 3rd wave up. Buckle up , things are about to get interesting !

My telegram channel "COWBOY CRYPTO MARKETS" and our crypto room "COWBOY CRYPTO ROOM" discusses more detailed updates and lower time frame charts. If you want to learn more about Elliot wave , it's a good place to get live market info and familiarize yourself with the wave counting process. Just go telegram and search in the search-bar the mentioned names. The traders there have been learning the ropes of this methodology very quickly by being exposed to regular updates and explanations of different wave counts !
on You Tube search "cryptocowboy" .
Elliott Wave : Double Three Combination

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