Don’t Buy Now — Wait for $85K!
Bitcoin has dropped 15% recently (from 99K to 92K), with altcoins down 30-70%. Many believe the worst is over, but this appears to be a corrective bounce, not a recovery. Based on Elliott Wave analysis, we’re in Wave B, with Wave C likely targeting 85K — an untested Fair Value Gap (FVG) supports this.
Key Points:
Rapid Drop: Institutions may have triggered the crash, catching traders off guard.
Elliott Wave Prediction: Current movement is part of an ABC corrective structure, with 85K as the target.
Next Steps: Avoid FOMO. Wait for the pullback to the 85K zone for a strategic entry.
> Pro Tip: Always perform due diligence and manage risk effectively.
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