BTC BEARISH SCENARIO

Updated
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Our BTC bearish wave count, we are currently in the wave 5, after finishing our wave 4 and WXY. This is the most likely scenario. Our targets are

14.5k
13k

We can go lower but for now we are focusing on those levels.

Our alternative scenario is less likely, we would have hit the low already and going into a 12345 wave to the upside, so our Primary cycle wave 4 would end at ~30k instead of 24k.

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What do you think?

Good luck traders,
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Not financial advice
Manage risk and leverage
DYOR

NajjarTrading

Trade active
Trade going good, still waiting for bearish momentum in a wave III
Economic CyclesElliott WaveFibonacci

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