BTCUSD - EW continuation to capitulation stages

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BTCUSD - EW continuation to capitulation stages


Bitcoin made a new low on the daily according to close levels. This is very bearish.

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They all pop the same way. New lows are coming, no chance of a double bottom.

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This flag continuation could break the double bottom

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١ أبريل ٢٠١٨

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Correction is looking good from here

٨ مايو ٢٠١٨

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We dipped nicely but also filled the double bottom play. I want to look for a short down for a triple bottom. But willing to wait until the 14th for the start of the Consensus Conference and the next SEC meeting.