Bitcoin
Timeframe: 4h
The optimal correction target has been achieved, the price has reached the Fibonacci level of 0.382. For now, wave (4) of the impulse is forming, so I expect further decline within wave (5). After that, we should see a deeper upward correction.
Approximate target for wave (5) — 75000. However, the situation remains debatable, so I recommend staying in observer position and not taking any actions. The break of the impulse structure upon reaching the minimum of wave (1) — this is 103000.
