Elijah_Trading

Caution On Bitcoin

KRAKEN:BTCUSD   Bitcoin
If you're long on Bitcoin, you should be cautious now. Bitcoin looks as if it may be falling from a bull pennant, whenever it does this, this can be a VERY bearish sign within Crypto. If we see price continue to break down that may be the end of the run as we know it. We'll have to keep an eye on it here to see how this plays out.
Comment:
Here's the possible wave count for those interested

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