Bitcoin the mother of all crypto currency is showing some bullish and good indicators we will see some of the signs from the charting of the Bitcoin.

[IMAGE: https://cdn.steemitimages.com/DQmNYP3AwHkt1fdWnhVDTWwXjU2rMbRduGSL1jZz9kPryDV/Screenshot_20180801-091428~2.png]

The above chart is from the month of July ,and we can clearly see than after the 18% gain then there is a correction of 10 % ,and after the correction there is again a steap upward slope which took the price up by 24% , again a correction of 5% took place

[IMAGE: https://cdn.steemitimages.com/DQmQs2sbLJzPEcMH4eH3mEvSQgajX9UrTHhyfRFxSTvwX3y/Screenshot_20180801-092009~2.png]

And a upward trend of 18% followed with something interesting
Nw the correction according to the calculations should be of 10% as drawn with the pink lines in the image 2 ,this 10% is the expected correct And this time already 7% correction is done that is the Bitcoin is down by 7% ,be it go down by 10% there will be implusive wave of 18-24 % which will hang Bitcoin somewhere between 9100-9500$.

I would like to explain the meaning of the green lines they are called as implusive waves and the pink lines a,b,and c are correction waves ,, implusive waves consist of 5 waves which I have drawn and given the numbers followed by a correction wave (in pink) and again the implusive wave is the law of the nature or u can say charting.

[IMAGE: https://cdn.steemitimages.com/DQmat9t8Nyui7F9PYpadWnvtqhVbdymWdxsgPgnn7yzRzMs/Screenshot_20180801-092108~2.png]

In the last (above ) image I clearly drawn the block for 24% upward rally of the Bitcoin in the coming days ,so buy the bitcoins in low this can be last chance as ETF date is also approaching (10 August).

Thanks
From ,
Limitlessphalak