BTC Healthy Correction to 0.5 Fib but Not Bottom Yet

I believe BTCUSD has yet another leg down as part of the Elliot Corrective waves. This is further confirmed by not creating a bull div on the daily RSI. Based on historical fib extensions of 1.272 from bounce to bottom I think we will see the low $11,000s as of now.

*NOT TRADING ADVICE*

Trade closed: target reached