BTC/USD – $3500 remains on Radar – Still in Correction
BTC/USD – Video Analysis:
According to the present Wave Count BTC/USD is trading within a Double Three, with the last Minor C (red) awaiting to unfold and complete the entire Corrective Structure.
$3500 is still on Radar and very possible, as the Wave Count suggest a Bearish Impulse, after which Bitcoin could go as high as $35K.
This video represents a follow-up on the previously posted “What if BTC is going to $9000? What if it will go to $3500?” article.
$9000 is still a Major Support and if a Bearish Breach would occur, then $3500 would become an easier target.
If a Bullish Breach of the Channel’s upper Trendline would occur, then the Wave Count would be reviewed.