Eloquent

btc 6-23 update ~

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BINANCE:BTCUSDT   Bitcoin / TetherUS
good afternoon peoples,

i've been hanging out in cash these last few days just observing price action.

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i've taken a look back at the overall structure on btc as well as on the nasdaq, and i've come to a conclusion that the highest probability path i can come up with is the double zig-zag.

i do think we're going to see a pretty nice bounce in the week ahead to around 25k give or take
followed by the final push down to 14k.

14k could mark a bottom, or in a worst case scenario, btc could turn into a triple zig-zag.
will update it when i see it.

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