Bitcoin will go down more! But after a little correction

XBTUSD.P

Bitcoin reached 200% of wave #1 & #2 of EW.

Long Targets:

TP1: 7730
TP2: 7950
TP3: 8190
TP4: 8340
TP5: 8650
TP6: 8895

Trade chiuso: obiettivo raggiunto:

Although this EW wave ended at 71xx, most of the short term EW analysis were knocked out forming a huge EW trend from 13xxx to 31xx.

Please refer the below long term analysis.