Bitcoin BTC - Live Stream March 17 Part II - Support Above $7,900 fails. Targets, Predictions.
General Tone:
We break $7,900 fast. We test the $7.7K to $7.8K range which is a support point from swing low. A break outside the massive ascending triangle, above $8,100, could signal a large rally. Though $8,100 must be broken in an immense way with plenty of volume.
Wave 4 is in processing, to correct. Wave 4 is likely to his $8,100 max, before beginning final wave down. Though that break above $8,100 invalidates my bearish count.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Bearish
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019
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