Hey, This is my Bitcoin view in the longer term. (EW) I zoomed out to get a better perspective where we could be in the larger picture. I was able to get a clear count in the bitcoin log scale chart, which makes me believe we still are in a larger big wave 4 correction. A very complex wave 4 correction but possible as the large wave 2 was pretty simple.
What you see here is the wave 4 still incomplete, my lowest target would be the 0.5 fib level ($1800). Invalidation level at the top of the big Wave 1.
I know we got the halvening coming up soon, maybe we all expecting to go the moon in 2021 and thats why it wont happen.
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