…Key Statement:

The preferred short-term bearish count remains on track. I am looking for any combination of things to occur prior to a sustainable bullish reversal. They would include the capture of one or two downside targets, 7609 or 7463, and/or ultimately a retest of the long-term uptrend channel.

The market has now retraced a bit more than 61.8% of the entire advance to 11780 from the 5920 print low. If the market moves up powerfully and constructively from this current base near the 7948 level, the most bullish alternate count may consider this terminal to be that of a minor degree 2nd wave base.

Short-Term	Bias	Target	Sup-1	Sup-2	Res-1	Res-2
@passion-ground	Bearish	7,463	7,948	7,230	8,366	8,625

Long -Term	Bias	Low 2018	Target 2018
@passion-ground	Moderately Bullish	5,920	12,235 min / 37,419 max

…BTC Update 3-14-18

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…Video Update

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I trust that the preceding analysis was generally objective, explicitly actionable and informative, and of relative and meaningful value for all those who perceive such analysis as a backstop to their individual ends.

Until next time,

Peace, Love, and Justice for All

DISCLAIMER: This post and all of the analysis contained herein serves general information purposes only. I am not a registered financial adviser. The material in this post does not constitute any trading or investment advice whatsoever. The trend-following strategies explained herein are for example only, and should not be construed as trading or investment advice in any way. The same thing goes for anyone subscribing to the Long-Term Trend Monitor. The subscription simply shares with subscribers what several automated trend-following systems are doing, and that’s all. The bullish and bearish alerts provided therein are for information purposes only, and they are not to be construed as advice to buy or sell. At the time of this writing, the author does not hold any positions in BITCOIN or any other crypto-currency. Please conduct your own due diligence, and seek counsel from an accredited financial advisor before making any trading or investment decisions. Should you decide to mirror or copy any investment or trading examples from this or any other related source, the decision to do so is entirely your own - as are the inherent risks involved in doing so. I am not responsible for any of your losses. By reading this post, you acknowledge and accept to never hold me accountable for any financial losses. Thank you.