SamSuka
The Long Investor
The Long Investor

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$BTC TOP 20

I have changed the large ABC corrective Fib levels to orange which helps us to identify the pull back support levels for this proposed Primary Wave 2 pull back, with Wave C still showing completing on the 0.38 Fib at $51k.

What I am also watching is how the price action holds on the green Fib levels, which would suggest that that the ABC correction finished in the middle of April at $56k and this pull back now is part of the next Primary Wave 3.

If the price can hold on the 0.618 Fib at $62,446, this would be positive for the bulls.

But for now, the ABC correction is my primary view point but I like watching for all possibilities.

$BTC TOP 20

Comments

51k looking very likely right now. I can see it happen quickly too maybe a flush and recovery in the same day.

Raynier Benitez

...middle april!?

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