Bitcoin I think made an leading diagonal that may be a wave 1 or A (green count) and it can use it to move upside for a 3rd or C wave.
This impulse to the downside may be a wave 1 or A. Anyway I am expecting a move up to the 0.5 fib retracement to make a B or a 2nd wave and than will see how short it will go. If bounce from the zone somewhere 18600 and take B wave we can start to enter long for at least a C wave.
If it will go above 20165 I will enter long with targtes into the 0.5 fib retracement zone.
Lets see more price action and I will update this count.
If you like my analysis subscribe for future updates and give me a like. Thank you and good luck!
This impulse to the downside may be a wave 1 or A. Anyway I am expecting a move up to the 0.5 fib retracement to make a B or a 2nd wave and than will see how short it will go. If bounce from the zone somewhere 18600 and take B wave we can start to enter long for at least a C wave.
If it will go above 20165 I will enter long with targtes into the 0.5 fib retracement zone.
Lets see more price action and I will update this count.
If you like my analysis subscribe for future updates and give me a like. Thank you and good luck!
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