Bitcoin finished a 5 impulsive wave and now is in its C wave of a corrective ABC formation.
The C wave should finish between 1 and 1.618 fib level of wave A (as marked in the chart).
We can see the right shoulder of a head and shoulders reversal pattern (wave B).
The C wave should finish between 1 and 1.618 fib level of wave A (as marked in the chart).
We can see the right shoulder of a head and shoulders reversal pattern (wave B).