BTCUSD on a higher time frame just completed Wave 4. We are now looking at a sub Wave 1 and Wave 2 (still being completed). I've drawn a channel on the wave 2 correction, could become complex and could retrace 78.6% of Wave 1. Once channel breaks downwards we will likely hit $3000.
Note
Updated the Wave 2 correction channel.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.