Jack_oftrades

BTC should bounce from 9100-9500 to mid 10k before going lower

BITMEX:XBTUSD.P   Bitcoin
Elliot Wave Theory analysis.

WXY correction in the works.

BTC road to 6k? WXY correction.
Y can end anywhere between 6-8k.
Depends on if we get a typical C wave we would end up near 6k
If we have a short C wave we end up near 8k.

Looking closer at current price action. It doesnt seem done yet.
Retest of 9500$ or lower is likely (needs to hold 9000$ or this count gets invalidated)
So we finish up the 5 waves down for this A wave.
Aviso legal

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