Bitcoin
Short

BTC - The path to $72k

116
Ive been tracking the BTC wave form and its been complicated. Originally believing the high was in Mid December, we had another wave unfold to create a peak a boo high in Mid Jan. Then its been sleepy sideways action since. While a new high is definitely possible, targets of $113 - $118k , I think the ideal time for those have passed, and todays price action confirms for me the next leg is beginning downward to $74 - $72k . I have wrongly been expecting this since Dec, so modesty is warranted. Murrey Math, Elliot Wave and Kumar wave being used. Basic top of frame roll over, and truncated 5 wave count looks complete, looking for an ABC pull back. I recommend selling and waiting for rebuys at $74 - $72k - with caution, as we could go lower. Good luck.

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