BTC correction status update

BTC is keeping up the expectation. Nice small trades to be taken short term. Just wanted to share this so I can say... "I told you so". Elliott wave once again playing out, Wave 1 formed in the hourly. We should have another attempt to 35k in the next 8 h then we will have a small retracement to test resistance turned support seeing 32500 maybe once before to head to 42 k to complete wave 3. I also draw a nice EW channel to show you res n supp. Also just to show you how many patterns are forming we have 3 mountains (triple bottom) creating and also a nice EW triangle (Orange), so sit tight cause we are gonna move soon.

Comment:

4 days later, BTC has moved almost exactly as predicted. We touched the resistance at 36800, although I thought it would run out of steam at 35600. Nevertheless, now is retracing perfectly, and we should be bouncing in the next few hours from 33300 to break the resistance and move our way to 42 k at the top of the channel. Get ready for the next move up. Other cryptos are following...watch out for ICP, one of my favourite.