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lecbanehtu
Mar 15, 2024 10:25 AM

BTC correction Roadmap 

Bitcoin / United States DollarCoinbase

Description

In my opinion we see a healthy correction as part of Eliott count wave 4 on daily basis.
By Eliott-count rules wave 4 should nod accross 0,5 retracement value, on 0,386 we see a nice confluence.

So, I expect correction to 60100 - 60250 and then wave 5. uptrend to aprox. 85 000.
Comments
freddie1779
What if it drops to 59.500? Do you think itll continue to drop to 50k?
lecbanehtu
@freddie1779, No, an ivalidation level for this count is 56 197. Below 56-57 must reanotate. Cheers.
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