The price of BTC/USD is currently in a corrective wave 4 where it will touch areas close to $ 31199. There may be a possibility that the corrective wave 4 to extend a bit more on the upside. However, the final impulsive Wave 5 on the downside will begin after. It will unfold in 5 smaller waves. The price may go as low as $25.000 or under. Caution is needed.
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We are on the 4th wave of the unfolded triangle. Low is acceptable unless you see levels above 0.7700. the price below 0.7646 indicates that wave c is forming.
Please watch BTC/USD carefully and say your ideas about it , How likely is it (Expanded or Running)?
Waves Counting always can change. and we have to update our charts faster.
Tell me your ideas about my counting and share it for your friends that know about waves :), Thanks.
Good luck.