BTC Nears Completion of a Very Orderly Near Term Correction, Ahead of the Next Rally in "Alternative Instruments"
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