Just like a volcano, BTC's pressure is increasing by price fall.
We can count that we are completing the 5th wave of the wave IV.
Considering broken triangle, and the big resistance at 41916 and the pullback we had on this support, I think we can expect the the 5th wave end up somewhere between 33,974 to 29,203 (can 19,762 be the next stop!!??!!!?!?!!?).
We should monitor the situation like always, and even more meticulously.
If things goes wrong, I expect to buy at 41,916 again.
Please let me know what do you think on this one?
Cheers
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