Yellow boxes are current zones that I'm looking for to long BTC.
We are still too early into a correction, as we develop more waves we will have more clue about turning point.
Green fib is arithmetic scale, yellow/gold is a logarithmic scale.
Blue lines are fib time projection.
Looking from chart pattern perspective we have falling wedge, which is also confirmed with volume decline. That pattern is very bullish. It's important to understand why is falling wedge bullish, and the reason is that as price going down and closer to APEX (point where two lines cross each other) there is less sellers and "shorters". After BTC hit 20k many...