Long term 12345 wave from the chart. Short term looking at the price ranges from the 1 2 and 3, the 1 and 3 have been nearly the same, it's plausible for this retracement to move down to the 618 just like the last one and have a very similar % decrease before the continuation higher. Love to hear thoughts in the comments.
Comment:
drew wrong 618 would invalidate the wave bottoms in, .5 , and 382 are the possible scenarios for its continuation higher.
Comment:
if this isn't the bottom for bitcoin now things are starting to look pretty bad