Bitcoin. Closer observation on correction wave structure.

Updated

There are two possible scenarios. My primary count is as uploaded chart above. My secondary count is considering sub-wave 4 (yellow) as wave b (white). If my primary count becomes validated, we will see bitcoin price drop down to $7,500~$7,700. If my secondary count is validated, we can expect price to drop less, maybe around $7,600~$7,800.

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Note

Bearish flagpole pattern forming..

Note

Happening as expected. My target stands still. Until we break $8,400~$8,500 range, I remain bearish towards my target.

Tommy_Trader

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