BTC SHARP SELL OFF INCOMING WXY CORRECTION COMPLETE

As we can see since the sell off from the high of 52800 we came down impulsively in 5 waves since then we have corrected in a complex triple zig-zag WXY correction where further selling can be expected, with RSI reaching overbought territory as well as the 1.382 fib extension holding and being adhered to very well showing great relevance and indicator. From this correction completion we can expect either a C wave down or the beginning of a 3rd wave impulse; $40500-$41200 daily orderblock will be a noteworthy target and will influence whether bitcoin can remain bullish or will continue to sell off; and would confirm either a 5-3-5 ABC or the beginning of a 5 wave impulse downward targeting lower lows.

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