While the stops from last week are no longer stops, their price levels remains highly relevant as #BTCEUR is still trading mainly in range of 3 weeks ago, between 62k-65k #EUR

I'm currently watching two #Elliottwave path:

  • blue as diagonal to retest the March top north of 67k;

  • pink as impulse down to the 2021 top around 60k;

8hourly target 67k vs 60k

I'm giving blue path a slight edge at the moment as $BTC is still on top of the symmetrical triangle but there's a lot of air under 63k. In the very short term aggressive trader can use 65.7k as short stop or 63.6k as long stop.

15min stop 65.7k vs 63.6k