So wait for it to drop to 85k, and buy back. I ended up buying for now. Little by little, observing whether it will drop or not. Wait and recover, and then reinvest.

Bitcoin: More Downside Ahead (Don’t Buy Yet – Here’s Why!) 🚨🚨
$BTC

Bitcoin is heavily manipulated by banks and large institutions, driving the price down to dampen holiday cheer. Thankfully, I warned about this crash in my previous analysis, just before it occurred, when many were blinded by greed. Bitcoin has dropped 15% so far, with altcoins plunging 30% to 70%.

While the recent days have been profitable, it’s essential to focus on what’s next. Bitcoin has rebounded slightly from 92k to 99k, sparking hope that the bottom is in. However, don’t be misled—this appears to be a corrective move for several reasons:

1. Rapid and Unexpected Crash: The sudden and steep drop was unanticipated, a hallmark of a strong impulse wave (12345) based on Elliott Wave analysis. This suggests the start of a larger corrective structure (ABC).

2. Wave Analysis: Wave A is complete, and we are now in wave B. Wave C is projected to bottom around 85k, supported by Fibonacci extensions on the chart.

3. Unfilled FVGAP: There’s an untested Fair Value Gap on the daily chart at 85k, making it a critical level to watch.

Recommendation:
Patience is key—wait for Bitcoin to hit 85k before considering a move. In the meantime, feel free to comment with your preferred altcoin for a personalized analysis.

Don’t forget to hit boost and follow for more insights! Trading becomes easier with the right guidance. Remember, this is not a trade setup (no stop-loss included). My trades are shared privately.

Thank you, and I wish you successful trades!