BTCUSD correction continues. Continuing and confirming
I expect further declining movement at bitcoin. If we examine the current motion in interval D1, two rules appear first. The movement occurs on the D1ATR wave axis, but below 50% of the D1ATR distance. This in my reading means that bitcoin retests its own D1 wave axis and that this retesting can only take a short time. The main direction may still be dominated by profit realization in the coming days. The corrective movement target price remains at the 13754 usd level.
