On the 1 hour chart, we may be in the last leg of the 3 elliot wave correction that will bring us to either the 61.8 level (0.00000829) or lower to the 78.6 level (0.00000785). If we approach the 61.8 level, I would be hesitant to enter for a long position. The best entry point would be the 78.6 level. Supporting this idea, the BTCUSD chart looks like it is headed...
