Just toying around with a 7-day repeating pattern with exp. growth. Fun thought!
My trade plan.. going down! buy target in the 6800 range. Stop past .382 If hit stops look for reversal and buy in. Beware of strong movements down beyond the .682 at 6200. Possible movement down to 4900 or lower. Target: 7600, 7900, 8200 Then Down, down, down..
Reconfigured wave count due to wave duration failure. Thinking we are currently in a wave 3, not wave 5. Target 1: 7950 Target 2: 8600 Target 3: 10000 Stop: below 7150
amateur opinion - Wave 5 finish approaching Count is probably not right
Bitcoin drops from upward pointing triangle to begin leg C of our broader correction.
BTC just exited top of ascending triangle beginning leg c of larger retracement.