BITCOIN DAILY TIMEFRAME UPDATE

BITCOIN On the daily we can see market has made a bearish impulse to the downside and again has a big wick that is likely to get filled... after a bearish impulse we expect to see a correction to the 0.50 fibonacci - this is likely to trap some bulls in opening longs, but in my opinion it will be a minor correction before we see a new lower low on the daily and fill in the weekly wick.... this is my short term outlook and it 100% doesnt mean the bull market is over its just a correction- 30% correction in bull cycles are completely normal - TRADE WITH CAUTION, I am on the sidelines on btc for now and hitting the altcoins/BTC