Bitcoin BTC 5 minutes Update - 30 Minute RSI. Are we Bearishly Diverging?
General Tone:
30 minute Chart. Are we descending?
We see the break above the $8,400 resistance, now struggling to break $8,600.
A Break above $8,900 will invalidate my bearish elliot wave count.
A Break below 8,400 will imply bulls have lost momentum.
The highest I see BTC reaching is a possible $8,600-$8,700 range.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019
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For future viewers: price of bitcoin at the moment of posting is 8506.00USD
Yep. Depending on where u are in this wooorld
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