$BTC consolidating, here's my EW point of view..

30 Jul 2018

#Bitcoin testing resistance at a critical level here. I'm expecting this EW wave C to complete giving us a possible leg up of one of these fib levels. I'll remain bullish if we bounce of any of these down to .618. However if we continue through down to .786 the herd could stampede off the edge. Its another thriller, but don't forget to jump out of your chair, do push ups, squats, go for a walk, play with the kids, dogs, and let yourself be a little silly at times.. As always risk management is high priority. Sensible stop losses prevent heartache if MM's decide to do a dumper on us. I'm bullish mainly, and will be more so if/when we break through this $8600 level. Peace be with you my crypto friends.