- BTCUSD price is currently at the bottom of the parallel channel.
- It will possibly pass below the channel and can hit mid-$8k (A-wave).
- B wave can retrace up to $9.5k and C wave can drop to $8.0k-$8.5k.
- It will possibly pass below the channel and can hit mid-$8k (A-wave).
- B wave can retrace up to $9.5k and C wave can drop to $8.0k-$8.5k.
