mattbishop16
Short

Bitcoin Correction Targets

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC has completed 5 waves up and is therefore, retracing and correcting.

I believe there are two likely scenarios for BTC: A retracement to $9k (0.5 fib level). Or more likely, a retracement to $8.2k where strong support is found, as well as the retracement hitting 0.618, 'the golden zone'.

However, as traders we must be prepared for any possible scenario, so be prepared.

Good luck in the market.
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