#Bitcoin 4h chart update ! 04/29/19 5:45 pm EST
Bitcoin continues to march in place in a small range. What will trigger the next move, hard to tell, but at this point it seems more likely that will be lower before we had higher to complete larger patterns. Wave 4's are notorious for killing time and whipsaws, so we need to wait for price action to develop before committing. The 1,2 count while still valid is starting to lose my attention given the lack of advance. Larger time frames are still bullish , so any pullbacks towards rising channel support warrant monitoring for entries.
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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.