baris3

BTC- Where will corrective wave end ? EW analysis by Baris3

Short
baris3 Updated   
BYBIT:BTCUSDT   BTCUSDT SPOT
As I mentioned in my last trade setup (see the related idea) I said BTC will correct to 60k levels. Now we are looking at minor C corrective wave (wave 4 in terms of bigger wave counts) and on chart we can see with my fib calculations 59k is the target, then it should reverse. Expecting 60k retest and then up depending on global market conditions.
Comment:
There is possibility of reversing upside from here of course. But I think sooner or later we need to test 60k. Let's watch.
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