Hi,
Please take into consideration 2 possible scenarios of BTCUSD correction.
It depends on how you calculate Elliot Waves:
1. If 5th wave has been finished at 64800, then the most likely level of correction is around 47-46k (not excluding even 36-37k).
2. But if BTC is completing the 5th wave only now - we can see it dropping at around around 24-20k.
What do you think about it?