Bitcoin is currently potentially resembling a Wychoff Distribution layout. With this, we could potentially see an UP THRUST to ~$44,780 which corresponds to the 100% FIB extension level.
We can then plan for the continuation of the corrective run with the beginning of a C WAVE down to the the DEMAND ZONE (SHOWN IN BLUE).
Let me know your thoughts?
**NOT FINANCIAL ADVICE**
Merry Christmas and Happy Holidays to all.
We can then plan for the continuation of the corrective run with the beginning of a C WAVE down to the the DEMAND ZONE (SHOWN IN BLUE).
Let me know your thoughts?
**NOT FINANCIAL ADVICE**
Merry Christmas and Happy Holidays to all.
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