BTC may have a zigzag down to 19k before it pump again to 28.6k
1. 4-hour timeframe divergence appears
2. Most likely we just got rejected from the 69k downward trendline, despite wicking outside
3. We are hitting the 0.786 Fib line from 25K of Aug 2022
4. We hit VAH of the Volume profile since May 2022
5. Most likely we finished the 12345 impulse waves from 15k
6. It’s either going to be a major B wave correction or major Wave 2 correction
TP: 19-19.5k
Once B wave/2 wave completed, the impulse wave C or Wave 3 should bring us higher, could be at 28.6k
2. Most likely we just got rejected from the 69k downward trendline, despite wicking outside
3. We are hitting the 0.786 Fib line from 25K of Aug 2022
4. We hit VAH of the Volume profile since May 2022
5. Most likely we finished the 12345 impulse waves from 15k
6. It’s either going to be a major B wave correction or major Wave 2 correction
TP: 19-19.5k
Once B wave/2 wave completed, the impulse wave C or Wave 3 should bring us higher, could be at 28.6k