Long

BTC looking to retest 9k ?

Updated

Fibs and EW pointing to possible 9k retest.
Might be an ABCDE correction, meaning consolidation.

Note

I think we bottomed at 8900, but we may have yet one more push down to 8800.
The sharp drop looked like a classic wave 3. So a 4 and a 5 might follow.

snapshot

Note

We may have bottomed a little higher than expected.
But I am suspicious. Those stops below 8800 are still calling.

snapshot

Note

Still looking like we have bottomed for now.
But I am still suspicious, so keeping some power dry.

snapshot

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