exactly I said in my previous chart is BTC bounce from the bouncing area
BTC will continue its downtrend in following 8 hours and I think the price will react to important support area and BTC experience a uptrend. Support area= approximately 30000
I have this analysis for 5 waves of bitcoin correction and I am sure many people will not agree with my opinion, but this analysis is possible and may happen.
This chart shows of patterns formed and broken triangles facing down and completing its 5 waves of correction wave A. We are expected to have correction wave b and then continue the downtrend to the range of $ 27,600 to $ 30,000.