The drop from 19800 to 10400 would retrace fibonacci .786 at 17,800 and we hit 17,200 before correcting..but we took out the top of the B and that’s the only resistance left before bitcoin “goes crazy” again…this W2 correction was a month long and the longest corrective wave to date since we broke out above 1000 in bitcoin, and can be clearly labeled as a W2 before a W3..a W3 upon breakout of 17,800 and eventually 19,800 would setup a MASSIVE Wave 3 to as high as 38,000-40,000 if 1.618 X W1 in a W3..
[11:31PM] Elliott Wave Bitcoin $BTC.X Update – Almost broke .786 retrace
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