It’s really a game of gathering intel, use your technical analysis skills, past performance, and i really don’t know what i am talking about. DYOR.
Following EW theory of ABCDE wave. Remember this is NOT fact. Only using EW for increased our probabilities.
On the weekly chart, the 200 EMA is a good support for Bitcoin to bottom. We should see some reaction at the $3140 price. In addition, 1:1 ratio wave 5 in relation to wave 1 is $3118. Be patient.