BTC Nears Completion of a Very Orderly Near Term Correction, Ahead of the Next Rally in "Alternative Instruments" Monday August 12th, 2019 by Mike Paulenoff On the subject of Crypto, BTC should be nearing a technical inflection point very soon, in and around 10,600 to complete a very orderly correction off of the most recent rally high at 12,505 (8/06), which if reasonably accurate, will usher-in a new upleg that will plow through our new Weekly Pivot at 11,840 in route to hurdling the 12,505 high, that will trigger a next target of 15,000. Only a decline that breaks and sustains beneath 10,500 will compromise my current outlook... Last is 11,505 $BTC-USD $GBTC Mike Paulenoff is author of MPTrader.com, a real-time diary of his technical analysis & trade alerts on ETFs for precious metals, energy, currencies, and an array of equity indices and sectors, including international markets, plus key ETF component stocks in sectors like technology, mining, and banking. * I really like Mike's charts and analysis. This is shared with my readers here via MPtrader.com * Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. (Sign-up if you haven't already done so). Follow us/bookmark us and check back occasionally for additional articles or comments on our page... Wild Tiger Trading - start/main page