Intuit

BTC Rising Wedge Breaking Down to 10k (Neowave/Elliott wave)

Corto
Intuit Actualizado   
COINBASE:BTCUSD   Bitcoin
Bitcoin at this timeframe appears to have formed into a flat with a terminal impulse ( rising wedge ) for wave-c. We're now breaking down from that wedge and should see a complete retracement of wave-c in less than 50% of the time it took to form. This will confirm the terminal action for wave-c and confirm that we are heading down to the next major support around 10k. If 10k is unable to hold the next support for wave-E is 6k.
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