In D1 timeframe, since dropped to 31xx, BTC reversed and increased to 54xx According to Elliott wave analysis, BTC is under the impulse wave 3 (white) At the lower wave level, BTC is under the corrective wave 4 (blue) The next target of BTC to complete the wave 3 (white) is around the 57xx - 60xx area Caution! 63xx-65xx was the old support zone last year of BTC, now it has become a very strong resistance When the price hits this resistance, There may be a corrective wave down to 42xx
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