Bitcoin - our scenario for September

Hello, Community!

You already know what we are waiting for in the short term. Now it's time to talk about mid term scenario. In our opinion the September is gonna be volatile and we can book some profit if market gives the entry points, but a lot of traders is gonna be confusing of complicated potential moves.

BTCUSDT is forming the first wave to the downside, which is going to consists of 5 Elliott waves. Wave 5 inside this wave has been started or almost started. This wave is gonna be finished at $24k.

At this point we should see the bullish divergence with the Awesome Oscillator. After that the correction ABC in the wave 2 is gonna be. I think correction will be deep to $28.500. Market maker will not miss the chance to cause the greed on the market. There the most impulsive wave 3 is antcipated.

Best regards, Skyrex team
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