Market top pattern mapped pre-Christmas.
Expected pull backs but this is selloff relentless.
The scenario targets based on 1. correction patterns, 2. BTC market top patterns, 3. Fib retracement based on April21 peak, Weekly MA (50, 200)
- $33k viable bounce area 0.5
- $28k was target for Expanded Flat correction 0.618
- $20k stretch 0.786
Momentum is strong so long target remains $28k
Expected pull backs but this is selloff relentless.
The scenario targets based on 1. correction patterns, 2. BTC market top patterns, 3. Fib retracement based on April21 peak, Weekly MA (50, 200)
- $33k viable bounce area 0.5
- $28k was target for Expanded Flat correction 0.618
- $20k stretch 0.786
Momentum is strong so long target remains $28k
