[1:07PM] After a long W3 down $BTC.X Bitcoin is bouncing in a W4 at .382 retrace

The .382 retrace we’ve seen today was pretty important in stopping the downward W3 from 12,000..a W4 before w5 down is now the worst case scenario with the 5th wave typically being the mildest..so we may test 10,000 again after this bounce but a bigger .618 reversal could develop.

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