Less bullish count(appears to be most likely outlook):
Current up wave: wave B of a possible flat or triangle (Feb/2020 high to Mar/2020 low is wave A)
Projection arrow on chart - green (see chart below)
More bullish count(appears to be less likely outlook):
Current up wave: wave 3 from the Mar/2020 low (Jun/2019 high to Mar/2020 low is wave 2)
Projection arrow on chart - yellow (see chart below)
A strong move below the March low will invalidate both of these counts.
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Bitcoin weekly chart with current projection arrows shown. |