Beschreibung
⋅ Its a battle between the Bears and Bulls right now... BTC has been moving sideways for the last 6 hours and it can't decide. Neither can I!
BTC just finished a classic ABC correction, within a much larger 12345 Elliot.
If it moves up to $9600, I think that will be a sign we are moving into a Bullish period.
If it drops, it will drop hard, and possibly give us another lower-low, forming a double bottom.
I think the only thing that will influence this is some FUD or good news. But time will tell.
This is not trading advice. Just my opinion.