XRP-Jonny

$10.5k #BTC Elliot Wave/ABC Correction

INDEX:BTCUSD   Bitcoin
IF,
Wave 2 is allowed to ABC correct into Wave 5, $10.5k BTC is the bottom.
- BTC typically retraces to the 0.618FIB.
- The 85% Draw Down is met @ $10.5k / 0.618FIB

MACRO Wave 2 (CYAN) is ALLOWED to ABC correct (RED) into MACRO Wave 5 (ORANGE) the previous '19 ATH meeting the MACRO Trend line.
- The '14/'15 Fractal is also in the same channel.
- BTC is touching the top trend line channel. Capitulation?

I rescind my "$14.5k Official BTC Bottom" Idea.

Good luck all holders on this bull run.

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