Hi , Last week bitcoin pass 10000$ and stay above that for 1 day.
This week market start a new correction wave .there is 2 scenario:
1- 9700$ is the end of Wave 4(Blue)
2- 9700$ is the end of Wave A(Yellow) and we should wait for more retrace
If scenario 2 take place we should see a Head & Shoulder pattern, so the end of wave 4(Blue) should be around 9500$
This week market start a new correction wave .there is 2 scenario:
1- 9700$ is the end of Wave 4(Blue)
2- 9700$ is the end of Wave A(Yellow) and we should wait for more retrace
If scenario 2 take place we should see a Head & Shoulder pattern, so the end of wave 4(Blue) should be around 9500$
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