As analyzed before bitcoin has moved to the downside around the 7K level. This was the target area. From here we have a bigger decision area for the longer term outlook. As long as we stay above 76.4% a pull to the upside is likely. However this pull to the upside has not to play out like drawn in the chart at all this is just a speculative analysis. It could well be that we only see a 3-wave up to the prior top just to resume the downtrend again.
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