EuroMotif

BTCUSD headed to 9400 or 9k even? Bitcoin in Trouble

COINBASE:BTCUSD   比特币
Quick plot to see behavior around expected wave end points.
Loosing 10k (or more like 9928) exposed an open space below.
The velocity of the drop indicates another leg down is likely.

9690-9700 could be early end of wave but unlikely.
9329-9408 would be normal end of wave at 4.236
8980-9052 with several fibs will be strong support.

Part of my ongoing analysis of Bitcoin moves:
14k target call <=Perfect
10k target call <=6 wks ago
8.4k > 5.4k retrace
9.0k > 7.5k retrace
7.5k bounce Call <=Perfect
10k path laid out
10k final Leg


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