My thought on BTC next move
If we look at based on the Elliot wave, this is what I found. Let me know if you guys have any input. In summary BTC still have room to move downwards for a longer term, say a month or two before it starts the wave 1. (Ignore the bullish fluctuation where we can still trade with very tight sell limit on the LONG). Since currently the BTC seems to be on phase B, and there are 4 possible scenarios of bearish movement, my most conservative prediction is that BTC will go back to around US $28233 to $30000. What do u guys think?