BTC is currently ranging before deciding on another big move up or down. If we go above 9k, we may reach 9.6k to 9.7k. If not and go below 8.7k without touching 9k, then the bullish count is invalidated and go to 8.4k which is the floor for the current retracement.
Clearer image here:
Clearer image here:
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BTC has one more leg up. could be a triple top at 9k or maybe higher. who knows? we just need a clear breakout above 9k to go to 9.6k
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If we go below 8.7k without touching 9k from here, a new count will start. Im thinking of this alternate count with the current price at the top of Wave 3
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strong rebound by the bulls. need to stay above 8860 to maintain this elliot wave count. a break above 9.000 will unlock 9,200 to 9,800 levels