BTC SHORT - Preparing for Wave 5
In my opinion, we can see an Elliot Wave Pattern in the BTC chart. While after the 1st wave a correction to the 0.5 fib line is typical ( called wave 2), usually wave 4 is a correction to the 0.382 fib predicted by Elliot Wave theory. If the FUD is really strong i could also imagine a retracement to the 0.5 fib again. So i think we will see wave 5 once BTC hits either 3800 zone or 3500 zone.
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