I am currently watching a potential wave 2 low in BTC because the downwards movement looks corrective and we hit the 50% retracement.

If true, BTC will start rising soon. This count is unlikely if it drops below $9050 and invalid below $8914.

Will only reevaluate if $8914 is breached...

Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)

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