BITCOIN is ABOUT TO POP
Quick update about Bitcoin's situation in the market.
Check out this charts. 15min chart.
Channeling working great. Bear trends broken
Most likely this bull run will try to break 10k with high volume.
If not, we'll have several bear days.
More TECHNICAL ANALYSIS, TRADES & SETUPS:
· https://steemit.com/esteem/@luiggih/bitcoin-is-about-to-pop
· https://steemit.com/bitcoin/@luiggih/ripple-about-to-explode-bull-setup
· https://steemit.com/bitcoin/@luiggih/shake-shak-shak-short-the-high-haejin-says-bull-i-say-easy-short
· https://steemit.com/eos/@luiggih/if-you-re-not-bullish-yet-in-eos-just-check-this-chart
· https://steemit.com/beyondbitcoin/@luiggih/stellar-lumen-getting-ready-for-another-10-move-short-term-long-setup
·
For those whom may be interested
this would be the current EW count most likely IMHO:
The consensus conference is May 14th. This should be a big boost for Bitcoin and the entire crypto market. The institutional money will start positioning themselves after this conference. Any weakness in the next week should be followed up with breaking through the $10K resistance.
Can you explain why Bitcoin will go down if we don't break 10k? According to your chart, we've just completed the abc correction and are about to start another set of impulse waves.
If we can't break 10k, we'd have formed a MAJOR double top at a KEY LEVEL.
10k is probably the most traded key level and there will be a real battle there.
If bulls can't take 10k this time, most likely shorts will reload and take a big chunk of btc price.
Check out the waves count I just posted.
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