Bitcoin / TetherUS Perpetual Futures 04 Jan 2020 (BINANCE)
I dont believe BTC is done yet. I still think we have one more wave up to 35245-36256 range.
The drop from 34800 to 28800 is a very likely candidate for 4th wave from the 16,000 low. The fib relationships fit perfectly.
As long as the 27,800 remains intact, I will be looking for the 35-36k target.
Obviously with BTC overly extended, a double top / truncation is not out of window.
Lets see how this develops.
I will post a full EW count shortly.
The drop from 34800 to 28800 is a very likely candidate for 4th wave from the 16,000 low. The fib relationships fit perfectly.
As long as the 27,800 remains intact, I will be looking for the 35-36k target.
Obviously with BTC overly extended, a double top / truncation is not out of window.
Lets see how this develops.
I will post a full EW count shortly.