BTC Wave Structure - End of Correction Near...

22 Jan 2022

BTC is in a long-term correction which at its current price of around 35000 is almost near its completion.. As the Wave B correction(Up Side) made a new high and gone past the previous high from where the Wave A correction started, BTC can do one of two things to complete C Wave Correction.. (A) It can complete above the previous lows of around 29500 where Wave A ended which would be a RUNNING FLAT CORRECTION or (B) It can still go below the Previous low slightly and reverse from there which would be an EXPANDED FLAT CORRECTION.. In both the scenarios the end is near and the break of down trendline would confirm the end of correction and a NEW Up Wave for which the First Targets would be around 80000.

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