BTC Short : Technical Target $38k

Summary: short, this one would be risky as the SP500 has bounced up a lot. If it is a 5 wave impulse down, 38k is the target.

Break above 46k and. Bull run is back in strength.

Kommentar:

It is likely to see more pullback on the S&P500 as long as the debt ceiling negotiations carry on in the US

There is plenty of room on the RSI and STOCH to fall before a correction is complete