$BTC currently in a short bearish rally seeking one of the Fibonacci regions to outline a rise in correlation with the Elliott waves within the prevailing uptrend 📈

Ready to get in the game ❓❓❓

‼️ Keep the following in mind, folks!

Taking into consideration the basic concepts of Dow theory and combining it with Elliott's Theory. The market moves in waves. It advances, corrects, and then advances even further.

In Elliott's theory, there are 5 waves within the 1st Cycle (3 of trend and 2 of correction). Continuing, shortly after, it enters the ABC movement correcting the trend wave within the 1st cycle.

🚨 Currently, $BTC is correcting wave 4 seeking one of the Fibonacci regions, being; 61.8

50%

38.2

Respecting one of these regions at this exact moment within the 30-minute and 1-hour chart will be a precise confirmation indicating that we are on the right path again towards #btc110k

🚨 Extremely important alert!!! 🔴

Losing the 38.2 Fibonacci region enters the merit of breaking the pattern, heading again towards the 107k region!