Morning Update: Are We Targeting a September/October Bottom?

2022年8月23日

Bitcoin, like the Ethereum chart is carving out its final squiggles of its wave 1 down. Like so many other charts I would like to see OML (one more low) before a retrace takes place. The 1 and 2 on the chart pointing down if price fills in those ideally points to $15,000.

I have no reason to think we will extend beyond that point as of now. Right now, I want to see if I get OML and then a nice retrace.

Best to all,

Chris

PS: I’ll be on vacation from 9/1-9/15 and will not be posting during that timeframe. I may be able to respond to DM’s.