Roadmap to get us out of this correction (ideal setup) & Next key pricelevels to watch.
If we hold 7040$ (preferably, or else 6425$) the bullish wave count is still in place.
Sure you could argue the retracement from 9990$ was bigger than anticipated but the bullish count has not been jeopardized as of yet.
Last update I said we might see a bounce from the 0,5 retracement level 8200$, which it did (up to 8884$) but it couldn't held that level soon after.
Next major resistances @8644$ -> 8884$
Next major supports @7040$ -> 6425$
If we hold 7040$ (preferably, or else 6425$) the bullish wave count is still in place.
Sure you could argue the retracement from 9990$ was bigger than anticipated but the bullish count has not been jeopardized as of yet.
Last update I said we might see a bounce from the 0,5 retracement level 8200$, which it did (up to 8884$) but it couldn't held that level soon after.
Next major resistances @8644$ -> 8884$
Next major supports @7040$ -> 6425$