BTC evening update 14.05.18

As you can see, the bearflag is still intact. The bulls were fighting hard to not let it drop lower than 8200$. For now it is mission accomplished for the bulls.

But it could still be part of a bigger correction like this:

In case we see vertical white wave 3 with the subwaves of yellow 1-2-3-4-5, here is the opposing bull count:

I slightly favor this bullcount now... Why? Keep this in mind:

Bitcoin BTC_USD.png

We did not see a second deathcross. If the next 2 days are bullish, we have a "golden cross", which is the opposite of a deathcross.

image (5).png
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