There is a great possibility that Bitcoin will descend to the 161% level. The price is now in a correction and gave us a well-known pattern in the wave analysis. It indicates that the price will prepare the previous wave as a descending wave. My entry will be in the area of 38% to 50% and the target will be 161%.
There are signs that indicate a strong drop in the usd/jpy pair. The uptrend was broken, as you can see with a large clear candle, and it also gave us volum, and in the primary direction of the price there is a correction. We must wait to retest the trend and see
