BTC

Updated
Here is a view as an alternative to my first chart ...
If we do not see a closing price of $ 9771 on a daily basis, then 0.62% fib would be conceivable, which at the same time would correspond, roughly, to the distance of the black A.

I can well imagine that there may be a monthly low in March before it comes to further course recovery.
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the wave 2 = 3691 or 1146

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EW - possible count to

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bullish butterfly

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now wants everyone to see BTC even deeper ... not me ... at least not yet ...

first I have to see where today's and tomorrow's candle closes .... if deeper, then as in the first chart - see chart Feb 10 & Feb 17
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if you want to know if BTC will continue to fall or even rise, then watch the green line @ $ 10433, because if it close today??? and more crucial tomorrow above it , then this would be interpreted as a bullish tendency ... at least until some higher TP can be achieved... if not, then down with 8575 + 8125

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support - green zone in main chart above - has held until now ...

as i wrote yesterday, if we see today's closing price over the green line, then the situation for the bulls is increasing

the count on the chart above Feb 22 - under update - could be reality

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Trend Analysis

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