I am still very Bullish on Bitcoin and many Digital Assets, however I think we have one more dip coming.

If we look at the chart below, we can see the just as we had the death cross around the end of March signaling a bear market. We have what could be a Golden Cross around the end of September, signaling a Bull market. If you focus on the red line which is the 200 day Moving Average (MA), you will notice that this line is starting to level off just at the end and we want it to angle down just a bit more. Next take a look at the blue line which represents the 50 day MA. This is climbing and hopefully will continue to do the same. In my opinion (Based loosely on the Elliot Wave theory), we will see one more dip just below $6000 before we then make our way to $10,000. This is all of course unless the SEC rejects the VanEck Associates Corp. and SolidX Partners Inc. ETF proposal, then I think we will not see $10,000 or better until November or December.
While I think this run up will turn around on us shortly, I do think we will see a $7600 Bitcoin before we drop down for the last time.

I am not a financial advisor and this is not financial advise, invest at your own risk.

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