alphahorn

BTC: focus on the key level

Largo
BITSTAMP:BTCUSD   Bitcoin
Time to keep a close eye on BTC and most crytpos that have made recent rebounds off their pullback lows. I'm showing a couple of wave count options for BTC on this chart. The red nomenclature is the bullish resolution that the pullback has ended and from here BTC should be off to impulsive new highs. For this count to remain valid, the orange line must hold!

The lime green count is that there is still one more leg down for BTC toward its gartley target around 7700. This possibility increases tremendously if that orange line falls

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