#Bitcoin Elliott Wave Update ( Ready For Again $86000 ? )
As predicted, Bitcoin corrected sharply from $107,000 to $92,000, providing a fantastic profit-booking opportunity. Hope you capitalized on it!
What’s Next? Based on Elliott Wave analysis, the correction isn't over yet. A potential choppy path toward $102,000-$104,000 could offer a fresh shorting opportunity. Avoid longs for now as the market structure indicates further downside risk.
Plan Ahead:
🔹 Short Zone: $102,000 - $104,000
🔹 SL: Close above the Red Box on the 4H chart
🔹 Plan: Await the price to reach the target zone to initiate fresh short positions. Targets will be updated accordingly.
Stay disciplined and trade wisely—timing is key.
