My thoughts on $BTC currently
This is the current 
BTC setup I have been playing with the past few days. We have just recently seen a lower high and have failed to breakout of the blue channel. We have just broken out of the ascending triangle shown by the red trendline and the red price path playing out perfectly currently. I believe we have two options: Bounce off of the blue channel (Mid 20k) or break downwards on the blue channel (Bear confirmed imo). In my personal opinion i think we see a breakout of the range we have been in and see BTC price fall to mid 20's thus completing the ABC Elliott wave counter trend and then a slow continuation of the bull run. Would love to hear peoples opinions on this.
BTC setup I have been playing with the past few days. We have just recently seen a lower high and have failed to breakout of the blue channel. We have just broken out of the ascending triangle shown by the red trendline and the red price path playing out perfectly currently. I believe we have two options: Bounce off of the blue channel (Mid 20k) or break downwards on the blue channel (Bear confirmed imo). In my personal opinion i think we see a breakout of the range we have been in and see BTC price fall to mid 20's thus completing the ABC Elliott wave counter trend and then a slow continuation of the bull run. Would love to hear peoples opinions on this.
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