Bitcoin - At potential support right now ! Dead cat bounce ?!

There's really no big change since my last post (see below)




Bitcoin - BTCUSD - Count #1 :
We could see price stall around the 30k-35k zone in case this count is correct since there's potential support from the 38.2% Fib retracement level, the 1.618%-200% Fib projection level of wave (a) and that simple trend line from the wave 2 low.

For now, price made a rounded top and broke below the black support line.
We could therefore see a pullback testing that line again very quickly.

At that point, we either will then see price shoot above the wave (b) high or come back down making a new low.

Of course do not forget that waves 4 are the trickiest of all corrective phases as they can develop in any form of corrective pattern, including combinations and triangles !
Which would then keep price sideways for some days if not multiple weeks !
Therefore, be very careful when looking to buy.



Bitcoin - BTCUSD - Count #2 :
No change here since last update.
Looking for 29k/34k as first potential support zone.

s3.tradingview.com/s...shots/8/8Nb8tS2i.png