BTC needs to hold the purple box. if we don't we could see more capitulation soon after.
The fib retracement levels in the Wedge will complete Elliot 5th wave. With a reversal at the supported levels on the 15-1Min time frames.
If we get this push, we will see 30k very fast. From There we are yet to still decide if this complete run to the upside will be Wave C correction for more downside or an impulse to 100k. This is the line in the sand.
The fib retracement levels in the Wedge will complete Elliot 5th wave. With a reversal at the supported levels on the 15-1Min time frames.
If we get this push, we will see 30k very fast. From There we are yet to still decide if this complete run to the upside will be Wave C correction for more downside or an impulse to 100k. This is the line in the sand.
Note
Note
Double Bottom for Weekly close 
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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.