Bitcoin to 11200 SHORT TERM . 2 Scenarios in the next 2 months !
Hello Guys after sometime looking at the market i decided to do a in depth review of the current price action that is unfolding. Which in my opinion will determine the course of the market for the next 2-3 months
The main option is a bullish triangle assuming wave (iii) isnt finished yet. a big triangle which we can assume to move up exponentially! This option has us exiting the triangle by the end of september
Alternate option only confirmed by a breakdown of 9400 . Assuming 5 waves are in. (wave 2 can take a form of a complex correction where the correction can end in the region of 8250-7500 . Short term scenario still brings us to the region of 11200-11600 and then we will see what will break through first 9400 or 12000
The main option is a bullish triangle assuming wave (iii) isnt finished yet. a big triangle which we can assume to move up exponentially! This option has us exiting the triangle by the end of september
Alternate option only confirmed by a breakdown of 9400 . Assuming 5 waves are in. (wave 2 can take a form of a complex correction where the correction can end in the region of 8250-7500 . Short term scenario still brings us to the region of 11200-11600 and then we will see what will break through first 9400 or 12000