#Bitcoinโ Monthly Elliot Wave possible scenario IMO ๐
If this is correct $73800 was the end of wave 5 of 1,2,3,4,5 which means at least a fib 0.382 retracement but can go lower as fib 0.5, 0.556 or even lower as 0.618 (golden pocket).
Quite curious to see the reaction this week witch is the last one of June.
It can go either way from here even with some weakness on weekly and daily charts.
-Fib level rejection so far (second week) - Possible doji candle
With still 2 days left until the end of the week, anything can happen. In many tf you can see bearish divergence which represents potential retracement.