Bitcoin seems to not yet finished its A wave down during its slight increase on 24 Febr in its ABC correction. Today we've seen new lows, that might be the bottom, before the upside -false- break-out (B wave). The C-wave expected to go lower to the fib 0.618 level (or below). I expect it to retest 40k, than start growing againg till previous ATH.
BTC to be expected to retrace to the 0.382 level (~44k) before continuing it's rise to the 50k level. As 50k works like a magnet, I expect reaching it before february ends, followed by a pullback.
Bitcoin has been moving in this triangle doesn't giving us hint on next direction. But we will know the direction in the next 3 days, defined by the break out. Stay tuned.
USD / HUF broke out of the upward support level opening the path till 276 HUF / USD support level. I expect the support to hold the price and putting back the price to the middle of the regression channel
