BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
As suspected yesterday, the last push on BTC was really suspect and occured under weak technical conditions. Today pull back marks according to our wave count the end of a third wave , labelled purple circled iii , and the begining of a sideways to down action. We expect the token to spend a few days under selling pressure. Immediate first downside targets are in the 49-5200 area. The token may even fall as low as 4475 without any dammage to a longer term bullish outlook. Only a break of 3950, spoted as top of wave purple circled i.

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