$BTC price action read — Sept 28
Elliott Wave logic in play: If wave B fails to break the start of A, wave C must take out A's end. But if B does break A's start, C can truncate (running flat) or extend (expanded flat). WXY structures ignore these rules, so we could bounce right now.
Current level looks decent for a long, but I'd rather see one more dip. Watching a few support zones below. Ideal entry: price dips below the level, reclaims it with acceptance, then long with stop under the wick....