Hello, Community!
Exactly as we told you in our last update that BTCUSDT is gonna show the correction to the upside in wave 4. The target for this bounce is $27600 which is 0.5 Fibonacci retracement level.
Maximal possible target is 0.61 Fibonacci level at $28300. Anyway, BTC has already filled the imbalance candle and reached the conservative target. There is no need to pump more from current price.
We are waiting now for the bearish reversal bar inside this range to open the short position and roll down on the potential wave 5.
Best regards, Skyrex team
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