Bitcoin
Short
Updated

BTC -- one more wave down!

208
BTC has slightly bounced off the 9350 support, but has done so weakly and looks to be continuing downward. I expect a downtrend continuation for now, and will be entering bids for longs at 8600, 7900, and 7500. 11000 is the next significant resistance up, but for now the trend is downwards. (Big picture sentiment is still bullish, and I expect much higher highs in the future).
Note
massive profit down to 9200 levels. Closed for huge profit.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.