Here's the idea I'm working off of. BTC is in a correction phase and is about to begin wave C. A textbook correction will take us to just under 20k, and within the range of the IV wave. I doubt the correction will go that deep before BTC resumes an bullish trend, however. This is just an illustration of what could happen as part of a typical correction.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.