Bitcoin may fall down in 5 waves and this is not good!
Probably we had an ABC zigzag correction to the upside with wave C hitting 1.272 fib extension (31050) of wave A with wave B an extended flat correction.
Probably wave 3 from this move to the downside that started from 31050 zone is ended and we may see a correction to the upside for wave 4 into 0.382 - 0.5 fib retracement zone of the wave 3 (blue count).
Probably we had an ABC zigzag correction to the upside with wave C hitting 1.272 fib extension (31050) of wave A with wave B an extended flat correction.
Probably wave 3 from this move to the downside that started from 31050 zone is ended and we may see a correction to the upside for wave 4 into 0.382 - 0.5 fib retracement zone of the wave 3 (blue count).
