I believe we are still in corrective territory before resuming the bull market upward.
From here I expect us to complete minor wave 5 down, before a pop back to resistance at X, and resuming downward to complete Y of the W-X-Y Correction.
From here I expect us to complete minor wave 5 down, before a pop back to resistance at X, and resuming downward to complete Y of the W-X-Y Correction.
Comment:
Overall correction target around 200 D EMA, ~8200$
Alternatively, I could see this count taking place. Where (B) of Y is much less exaggerated.