Bitcoin has been ranging from $8600 to $9100 for almost 5 days. It's been an even battle between the bulls and the bears and we'll have to wait and see if bulls can push and close above $9100 or if we are going to test $8600 region again. This is my EW count for the bearish short term scenario where we head to the golden pocket fib. Should price head downwards from the resistance at $8775, this starts the 5th wave of the (c) wave going down. Since the massive pump at the end of October, we've been in a WXY correction and price reaching $8500 would end the Y wave and start the next wave major wave up. Buy area would be between $8600 down to $8400
buy zone reached