BTC Correction. How deep?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Here's the idea I'm working off of. BTC is in a correction phase and is about to begin wave C. A textbook correction will take us to just under 20k, and within the range of the IV wave. I doubt the correction will go that deep before BTC resumes an bullish trend , however. This is just an illustration of what could happen as part of a typical correction.


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