BTCUSD can be making an expanded flat correction within minor blue wave b, with legs (a) and (b) already completed. Ideally, some resistance will be seen for leg (c) of b near the 11000/11200 area, where Fibonacci ratio of 61.8 can react as a turning point lower. Once blue wave b fully unfolds, BTCUSD can drop towards the 8650/8000 zone for final blue wave c as part of a bigger wave 2/B correction, and there turn higher.
