BITCOIN to fall to 8400 Support then the RALLY to 16k USD begins

Hey Guys,

Just an Update on big daddy BTC. We are experiencing a 5-3-5 (Zig zag) styled ABC correction at the moment. with major support at 8400 USD price. I'm expecting wave 3 to find support at 8700 with a bounce up to 8950-9000 price region. then we will make the last 5th wave down to 8400 USD.

I will update this Idea later with a chart as to why 16000 USD will be our next target when BTC finishes the correction.

Enjoy!
Elliott WavelinespatternssupportSupport and ResistancetheorytrendTrend Lineswave

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