I'm going to try to buck my trend of getting made a fool by BTC. Wave two should retrace 50%-65% of wave one. I'm keeping a tight stop loss on this one because I still think sub 7k is possible.
I was too quick to count out the bears losing volume on my last prediction and I think I was seeing what I wanted in the chart. To make matters worse, I forgot my chart was on log scale which caused me to set profit targets too high. I only cleared 10% but, I didn't take a loss and that's what's important.