I think the Corrective phase on BTCUSD is over, and we are currently in M-wave 3. (Long-Term View)
I think BTCUSD might continue & bottom out creating an Irregular Flat Corrective pattern near $4000 - then continue. (Short-Term View)
If you guys have charts you would like to provide for an alternate view on things I would appreciate it!
The C leg could bottom now and that would still verify the pattern as an Irregular.
C leg put in now, so we should be starting that 3rd of a 3rd of a 3rd wave. Look:
Looking @ the previous picture there are also some Fibonacci Clusters at the $5500-$5600 area. So if this if a good 3rd wave we should be seeing there (Not saying it WILL happen).