Bitcoin Update: Critical Support & Elliott Wave Levels To Watch

Bitcoin here is the thing...

1. For now drop is not impulsive, so can be correction

2. 4th wave pullbacks will ideally stabilize near 50/38.2%. Just testing the important zone 77k-85k

3. Old high and unfilled gap are crucial to cause a bounce, otherwise the major high is in

4. You don't want to see this fourth wave breaking the lowest base channel line, otherwise top is in.

5. Bullish resumption for wave 5 when/if 93700 overlaps

6. This market wont go up unless risk-on is back

GH