BTC bullish scenario if we wont fall below red area this wave will be validated
we have retested a key support level now its bouncing back looks like itll hit 11.8k
this might be a continuation of wave e before xyz correction
if we break the circled support which is more likely, w are in a corrective trend
if it finds support at wave c and macd d cross over and rsi below 30 then theres good chance to go upside or itlll continue till wave e
upside: -symmetrical triangle brokeout above resitance from july 24 to october 6 -solid level of support from february upto now -moving ave. 20, 50, 120, bullish -macd, rsi = bullish downside vol. reduce to 70m usdt the past 3 days