$BTCUSD 1H ASIA UPDATE - 26/03/2018
 
A cycle from 9,020.00 high ended in 5 waves and therefore cycle from 8,983.93 high (24/03/2018) is called completed.

From current level, as long as 8,368.63 / 8,265.00 hold, I expect bitcoin to bounce in at least a 3 waves move to challenge 9,188.10. Failure to break above that level in this attempt would put back pressure on the cryptocurrency as structures from the low are corrective.

Invalidation level remains 7,325.37 in the cycle from 18/03/2018


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