Seraphic

**BTC 4Hour - Short term**

BITMEX:XBTUSD.P   Bitcoin
So we are still very much in a bear market atm. The price is extremely volatile. We can blame whales or market manipulators and the like (there is some very inorganic movements on BTC) - But never the less, it is still chartable...

For now we still reside inside of a weak-trending bull channel for the most part. This is -not- the bottom/end for the downfall of BTC (in my eyes)

I came to these conclusions were primarily based on:
- Liquidity in the market
- Previous support / resistance
- Elliot Wave analysis (not shown here)
- Long term (weekly) Moving averages (not shown here)

How long we go sideways for is a complete unknown, I believe we will test up near the 7K range before being rejected down towards 5K.

This is one trader that I follow, his TA is comprehensive, feel free to watch the entire clip and follow him if you desire.

YouTube
Philakone - June 12th Elliot Wave TA - youtu.be/UsdI1rfVzIU?t=884 - This link is further forward in the video to cut out some of the fill...

Trading View
Joe Filerman - May 19th www.tradingview.com/...date-from-yesterday/(Target 5500 approx)
George - I do active TA with on Discord almost daily looking at longing and shorting the market.

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