Bitcoin
Short

BTC/USD RETRACE to 21.7K BEFORE FINAL PUMP ?

Updated
It seems BTC completed wave 3 and starting the corrective wave 4.

BTC may retrace to 21.7K area and possibly form a ABCDE pattern.
If ABCDE eventually give us a falling wedge. That could launch a final wave 5.

SHORT to 21.7

TP1: 21800
TP2: 21400

This pump cycle could end at wave 5 top: 25200

Happy trading!
Note
2023-1-29 updata:
It seems we are completing a ABC in WAVE B

snapshot
Note
No, we are not coming down. The downward ABC is invalid.

It seems we just had a ABCDE corrective WAVE 4, AND we are starting a Wave 5 already. The price breaks the upper resistance line.
snapshot

LONG!

TP: 25600
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