![Analysis_Logo Resize.png](https://cdn.steemitimages.com/DQmPGS4NFos8KZvW7KRjkYs21czufu92Vr9qooFwGNJm5vc/Analysis_Logo%20Resize.png)
### Bitcoin has been operating within a wedge for a few days now. As it reaches the apex, a breakout is likely. Market makers have gone stop hunting in both directions. They moved price from $6,500 to $6,190, and back to $6,300 inside of 15 mins. 
![Screen Shot 2018-08-12 at 7.15.12 PM.png](https://cdn.steemitimages.com/DQmbKY9xDa1cTUs5swb73raMywZzeXP6YPCTdKg4yDttwi8/Screen%20Shot%202018-08-12%20at%207.15.12%20PM.png)
### Price could break in either direction. Bulls and bears are in an epic battle...we should have a victor very shortly.
### The 4 hour RSI is finding strong resistance at 47.2. This has historically been a very relevant support/resistance. If price can break above, it'd signify a strengthening of the market...at least in the short term. 
![Screen Shot 2018-08-12 at 7.15.53 PM.png](https://cdn.steemitimages.com/DQmTM4fYat9tHuGcpr3KLP9pf8Gd3Uf2XAPHRzwWYB1DsWZ/Screen%20Shot%202018-08-12%20at%207.15.53%20PM.png)
### My short term bullish count has bitcoin on wave 3, with a target of $6,963. 
![Screen Shot 2018-08-12 at 7.32.33 PM.png](https://cdn.steemitimages.com/DQmdq77FrQs7mAGvZfuM6KMPzAU4txGwANxN9NQyfxbL256/Screen%20Shot%202018-08-12%20at%207.32.33%20PM.png)
### My bearish count has bitcoin in 5 waves down, finishing the 5th wave. Target would be $5,603. 
![Screen Shot 2018-08-12 at 7.20.10 PM.png](https://cdn.steemitimages.com/DQmb2KMPavGxw38GigvMh4qp6dNyXkuH4WcbU9PkLrfbxeU/Screen%20Shot%202018-08-12%20at%207.20.10%20PM.png)
### In today’s video analysis I discuss...market manipulation, current trades I’m in, many of the traps market makers hope you don’t know about, short term price movement and MUCH more. If you’re not watching my videos, you’re only getting a small part of the story. 
## Video Analysis:
https://youtu.be/FHPluwzdM5I
#### *If you’re viewing this on a site other than Steemit, and you don’t see the above video, navigate to Steemit or TIMM (https://mentormarket.io/profile/@workin2005?aff_id=Workin2005) in order to watch.*
### BIAS:
**Short Term: Neutral**
**Longterm: Very Bullish**

**I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!**
### *Workin*
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