Since Jan 2018, every 6th of the month starts a new swing high or low. If we follow this pattern, it's possible that the bounce we're expecting is going to happen really soon. And adding up some Elliot Waves, we can see how BTC will go in the coming months.
Note
BULLISH VIEW:Note
If we stick to the June 6 date, it means that the bottom is still not happening this week.Note
After 11 months since I last posted, this prediction was fulfilled. Now I'm posting a new chart for you to feast on. Bear market will be completely decimated once we break the barrier at 6.7k
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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.