General Tone:
We see the break above the $8,400 resistance, now struggling to break $8,600.
A Break above $8,900 will invalidate my bearish elliot wave count.
A Break below 8,400 will imply bulls have lost momentum.
The highest I see BTC reaching is a possible $8,600-$8,700 range.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019
We see a cluster of resistance with series of wicks rejecting as bulls attempt a push.
BTC is confused.
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