Look back to the piss arrow on June 10th. We pissed sideways even with a 9 on the Tom Demark Sequential while we were in the middle of completing a bear pennant. Bear pennants don't have to be exact, but we're not even close to completing this current move. Also look at the RSI. We scraped lower on June 10th, so there is definitely more room for bitcoin to go down before another bounce. My opinion hasn't changed, despite the possible reversal 9 on this 4 hr chart. We either piss sideways while the RSI creeps up to make more room for a downside flush, or we keep going down to complete the pennant around 5000 or so, which is what I have been projecting for quite some time. Any upside may be tradeable for an expert, but for anything else it is a fakeout. The pooping bum prophecy continues to fulfill itself. Don't get any on you. Not a good time to buy yet.
