Elliot Waves Analysis of Bitcoin
*Key Points*
1. *Correction Completion*: Wave ABC correction is near completion, which may lead to a sharp price correction.
2. *Reversal Zone*: The predicted reversal zone is between 88162 and 85240 levels.
*Action Plan*
1. *Hold Spots in Loss*: Hold spots if in loss and only Dollar-Cost Average (DCA) when BTC takes correction.
2. *Avoid Big Positions*: Don't go all-in or open big positions.
3. *Stay Calm and Observe*: Stay calm and observe the market until the desired level is achieved.
4. *Secure Profits*: If spots and leveraged positions are in profit, secure 80% of the profit by closing or partially closing positions.
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