Bitcoin can still bounce to 38k imo

Here is the structural fractal im working with right now

I think after we take the lows of Jan 11 we're in for a bigger bounce back to the 38k high 37k's supply level

then more downside probably

Cheers

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so far so good.
We have followed the hypothesis that i initially laid out

i think wave w of (c) has just terminated

x and y complex correction still pending

waiting for executions

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Havent changed a single label from this chart since Thursday

Big short coming up

stay tuned

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the idea is slowly coming into fruition

plans and counting remain unchanged for now

Bearish descending triangle for wave b remains the primary unless it breaks above wave (a)/Red counting (>39 k invalidation point)

Target 23-22.5k USD measured move

LETS GOO

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the counting remains unchanged and consistent here

i expect downwards exit soon from this triangle below the descending channel

conservative targets 23-22.5k USD