theansweris42

Nested Bearish W1 in progress.

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Wave 4 bottom in. A cheeky 94% retracement on the W5.1. I feel from the sedentary progress so far that the +1 degree structure is a nested W1 (circled). I expect a low on this completed 5-wave move of ~$8200 before a bullish retrace for another W2.