According to Classical Relations between Waves, 0.382 (51800) was the end of the B wave, and from there wave C started. The only problem is, according to same rules, wave C should take us to where? Because in rules it says
Wave C is 1.618, 0.618 or 0.5 of Wave A length. That means it can take us to 11K BTC. Interesting. But as it is not likely to happen, I think 0.618 (retrace to 44K) will happen, and corrective wave will be finished?
Wave C is 1.618, 0.618 or 0.5 of Wave A length. That means it can take us to 11K BTC. Interesting. But as it is not likely to happen, I think 0.618 (retrace to 44K) will happen, and corrective wave will be finished?