Long

BTC on a small corrective wave

By shalafister

Updated

Seems BTC is on a small corrective wave of ii. Nest up, iii will start and i think BTC will hit 20k $.
Happy hunting!

Note

Let me further explain where we are. As I said we are in the small 2nd wave. If we break down into pieces, this might be a Zigzag correction. First 3 and second 3 waves are over (purple and yellow.).

Now it is forming the C wave with 5 waves. So there will be 5 waves blue lines. It might looks like the image. Further analysis should be made for more specific targets but Im not a day trader. I will be accumulating or holding my position till 20k$ ~ ish.

Note

Sorry that I realized it should be Complex Irregular correction. The target is not changed.

shalafister

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