BTC updated EW Primary Count. Back to 30k?
Since the recent low in BTC which hit its target for a wave to 2 (prior Bulilsh Count) it seems like we are still moving in a corrective pattern rather than impulsive, therefore it looks like another visit to the 30k area is the most likely outcome as this Primary wave 4 flat pattern needs 5 minor waves down to complete intermediate wave (C) of Primary 4. Fib extension targets for this wave C will be 100%/1.236% and1.618%. Best case scenario is a Running Flat pattern but this is very rare to see at Primary wave degree therefore Im leaning towards a regular flat or expanding flat pattern as wave (B) finished above wave (A).
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