BTC UPDATE

wave 3 should hit the 1.618 extension and we get bounce to the mid bigger downtrend channel (orange) in a wave 4. Should come down in a wave 5 to 56.8k area and then well see if we hold there.

If however we get a bounce here at wave 3 then this was just an abc corrective wave of the wxy and i will need to rechart some stuff
Chart PatternsTechnical IndicatorsWave Analysis

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