After 2 days of News for the Market to run according to its own will, I have a bit of an update about #BTC as follows:
News #CPI, #PPI, and unemployment all came out not good, but the price did not act according to the News. Perhaps the drop from 102K to 94K was already a preemptive move for the 2 News.
Therefore, a new model is forming here. The model is running an additional wave 5. Wave 5 can stop at any position, but at a minimum, it is the old peak of 104xxx$, with a maximum of 116-130K for wave 5.
To confirm that wave 5 is running, a few H4 candles need to close above 102500$. Conversely, if a few H4 candles close below 94000$ , it will confirm a downward wave to a minimum of 90xxx$, with a maximum of 78-85K.
During the time this price confirmation runs, I will finish selecting the Altcoin list as well as my Limit buy entries. I will post for you after this Update post.