$BTC update
Price printed a 3-wave move from the original AOI, which justified closing the long.
It was a nice area for a bounce, but the latest PA suggests this correction may need more time.
I can’t confidently count it as an impulse down or a flat yet.
My primary view is a double zigzag lower, with $74.4K as the main area I’d look for longs.
If price bounces first, a sweep around $76.8K could offer another long setup, with $84K as the target.
#BTC #bitcoin
Price printed a 3-wave move from the original AOI, which justified closing the long.
It was a nice area for a bounce, but the latest PA suggests this correction may need more time.
I can’t confidently count it as an impulse down or a flat yet.
My primary view is a double zigzag lower, with $74.4K as the main area I’d look for longs.
If price bounces first, a sweep around $76.8K could offer another long setup, with $84K as the target.
#BTC #bitcoin