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On to wave 2

180
The first impulse wave of five has been completed and the second wave is in full force. Wave 2 has to have a ABC correction. If you are looking to add on some bitcoin I think adding around the .5 fib and .618-.65 FIB will be a good area for a bounce into the 3rd wave. The 3rd wave should bring bitcoin to around 14500 to 15300 depending on how far wave 2 retraces. There is light at the end of the tunnel so hold on!
Nota
red line on rsi should be raised to at last pivot
Nota
syot kilat

4 hour RSI looks very oversold
The MACD uptrend line might be support
Nota
syot kilat

Looks like this could be the upcoming C wave down of wave 2. $8000 to $8200 will be good buys. Should bounce there
Nota
syot kilat

Wave 2 likely complete. Buy it up!

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