BTC Descending triangle to 16K
I believe BTC is making a descending triangle in wave 4 of Elliot.
Usually this triangle forming in the wave 4 or 2 of Elliot. We didn't see this descending triangle in the wave 2 , Then it's not so out of mind that we see it here as wave 4.
If BTC fall down to under 9800-9600 then most probably we are in ABC correction of bigger wave and we can go further more down.
Best buy zone can be 9800 and stop at 9600
Usually this triangle forming in the wave 4 or 2 of Elliot. We didn't see this descending triangle in the wave 2 , Then it's not so out of mind that we see it here as wave 4.
If BTC fall down to under 9800-9600 then most probably we are in ABC correction of bigger wave and we can go further more down.
Best buy zone can be 9800 and stop at 9600
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