Quick BTC update 24.04.2021

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BTC is not looking too hot at the moment. The movements suggest further weakness.

This is why we need to consider a deeper correction (alternate) now.

The target zone for white wave 4 is 45k-41k. Blue wave Y does not need to move below blue wave W, but it does so in 70% of all cases.
Whenever you see strong buying power appear in this target zone, expect that the correction is done. It will be a V-bottom and they will buy the dip HARD!

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Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...

Have a nice day :-)

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