BTC: Bear Market Rally

I could see a possible this as a "Bear market rally" where we run all the way to 18500-19200 before legging down again to finish the 5th Wave Impulse. I wouldn't long from this area but I would take a short at these resistance levels. 21k would be a reasonable stoploss as it will invalidate this entire theory. Patience Pays.
Elliott WaveTrend Analysis

Also on:

Disclaimer