The Daily RSI has begun to breakDOWN out of it's triangle. MACD still signals weakness with the line crossing under the signal. Most other indicators calls for weak bulls. Thus, I think we're at the beginning of the last (5th) Elliott Wave down.
Trading principles says we should at minimum retest 18.8-20K, and quite possibly lower. But I'll be happy to back the truck up at 24K and see what happens from there.
As always, nothing is guaranteed. Trade safely, manage risks and DON'T let Elon tweet.
@ManOFCryptoWorld, maybe, for today or in the short term. What about for the week? BTC needs to complete its Elliot Wave count as well. But like I mentioned, nothing is guaranteed. Good luck to you and all of us!
ManOFCryptoWorld
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@FloppinFish may after this bottom breakout for Uptrend wait for next analysis