Technical Analysis: Bitcoin - Wednesday, Sept. 1

46,500 breach sends Bitcoin lower.

  • Bitcoin Overview: 46,500 breach sends Bitcoin lower.
  • Bitcoin Major Trading Level: (TL5) - 50,000 basically the 61.8% Fibonacci ratio.
  • Bitcoin Elliott Wave: Looking at bullish and bearish wave counts today.
  • Trading Levels Bitcoin: 50,000, Major Trading Level with Minor Group 1 53K and Group2 below 48000|4772|46500 as support.
  • Bitcoin Trading Strategy: Neutral.

Video Length: 00:21:51

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