Structurally, Bitcoin is very similar to Ethereum. I am looking for one more leg up targeting approximately $56,000 - $58,411 in the local correction prior to rolling back over in order to finish off the final leg of the macro correction. Deeper retracement targets to the upside, 1:1 - 1.236, imply a much more Bullish market. The market wants to go up. As a result, shallower Macro targets are much more likely to the downside, .618 @ $47,193 - .786 @ $44,659.
