Elliott Wave Video: Btc Moving Into 8300-8800 Support Zone

BTCUSD made strong and significant bounce after we noticed a completed wave (v) of »c« of Y, even back above the channel resistance line. So, bulls are probably here, just be aware of a temporary pullback down to 8800 – 8300 support area, from where we may see a continuation higher. If from any reason price goes sharply and impulsively back below 7300 lows, then we will start observing an alternate counts.

Trade well,

GH