Bitcoin

**BTC 4Hour - Short term**

So we are still very much in a bear market atm. The price is extremely volatile. We can blame whales or market manipulators and the like (there is some very inorganic movements on BTC) - But never the less, it is still chartable...

For now we still reside inside of a weak-trending bull channel for the most part. This is -not- the bottom/end for the downfall of BTC (in my eyes)

I came to these conclusions were primarily based on:
- Liquidity in the market
- Previous support / resistance
- Elliot Wave analysis (not shown here)
- Long term (weekly) Moving averages (not shown here)

How long we go sideways for is a complete unknown, I believe we will test up near the 7K range before being rejected down towards 5K.

This is one trader that I follow, his TA is comprehensive, feel free to watch the entire clip and follow him if you desire.

YouTube
Philakone - June 12th Elliot Wave TA - youtu.be/UsdI1rfVzIU?t=884 - This link is further forward in the video to cut out some of the fill...

Trading View
Joe Filerman - May 19th tradingview.com/chart/BTCUSD/6TyMDS0J-more-in-depth-btc-update-from-yesterday/(Target 5500 approx)
George -
ELLIOT WAVE BTC to 5k
I do active TA with on Discord almost daily looking at longing and shorting the market.

Penafian