Bitcoin will go down more! But after a little correction

Updated
XBTUSD

Bitcoin reached 200% of wave #1 & #2 of EW.

Long Targets:

TP1: 7730
TP2: 7950
TP3: 8190
TP4: 8340
TP5: 8650
TP6: 8895
Trade closed: target reached
Although this EW wave ended at 71xx, most of the short term EW analysis were knocked out forming a huge EW trend from 13xxx to 31xx.

Please refer the below long term analysis.

Updated EW analysis of BTC to 52xx-45xx
Trend Analysis

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