BTC to 10k

14 Jul 2023

ETF approvals? Black rock involved, institutions getting into crypto, SEC loosing against XRP, BTC halving 1 year ahead, retailers getting excited, bear market over and bull run started?, to the mooooooon... well this is the perfect scenario for institutions to sell at key level resistance 31-32k and for a final leg down to 12k to 10k range. BTC is still in a downtrend and Elliot Wave count is still missing the last wave that could lead BTC down. IF the weekly candle closes doing a SFP pattern, this could be the start of this last 5th wave before an implosive move up when retailers have lost faith again. I'm actually short at entry price $31.450, take profit 12k for December 2023.

THIS IS NOT FINANCIAL ADVICE