BTC/USD just violated my 100% boundry at 11687 potentially invalidating my wave count. If it drops below this level quickly and doesn't close in higher time frame.. My count can still be valid and maybe BTC will go to 2290.. Don't seem right while dollar crosses are all growing why would bitcoin fail down...? I'm probably wrong. and new high might come back to 20K.
Commentaire:
13777 is a core projection fib level. Wave's 1 < 3 x 261% added to base of 6 gives core projection target of 13777 this can be a failure point. There's an symmetrical triangle termination pattern here. Pull back highly likely.
