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Best Bitcon Technicals
Bitcoin has extended its decline, briefly testing the 20K handle, but swiftly rejecting 
29K, and reclaiming 30K. Broadly, it appears that BTC has extended the corrective phase of its 5-3 Elliott Wave. If we are correct, we should see another burst of momentum soon. Watch for a blast of momentum to take us back to 36K. However, if our Elliott Wave is correct, we could still retrace to 22K and still be considered bullish. We will have support from 28K, and 24K before that.
29K, and reclaiming 30K. Broadly, it appears that BTC has extended the corrective phase of its 5-3 Elliott Wave. If we are correct, we should see another burst of momentum soon. Watch for a blast of momentum to take us back to 36K. However, if our Elliott Wave is correct, we could still retrace to 22K and still be considered bullish. We will have support from 28K, and 24K before that.
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