Wave II SUPERCYCLE has a correction limit
If BTC falls below 80,392, :
The structure cannot be considered as the internal wave II supercycle
Correction likely an ABC wave from a full cycle
This correction aint behave and looking like an internal correction anymore. It does looks like a big supercycle correction from one cycle. If thats the case it can go to 77k ,70k or worse. Means the cycle need to get re-label as well. Even though it is still valid and acceptable but extreme ,as long as it doesnt crash 74508 still valid as part of iii supercycle. But ITS crypto . Extreme volatility. when it does, it is ABC correction from one big cycle. And the last wave 74508-126200 is the last wave from the previous big cycle. Damn
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BTC
90,450.78
-2.05%