ASSESSMENT $BTC 20/1: LONG BOTTOM AT 88800

Currently, #BTC is in a correction phase within a large range of 84.9 to 97.7. We just saw it push up to 97700 to sweep the buyer's liquidity, and then a strong correction dropped it back to 92200.

Usually, at this point, the price will retrace to the OTE zone of 93.350 to create L P S Y and then continue correcting towards the strong support area of 91.28. If H1 closes below 91200, the next target will be 89.77, 88800. (LONG POSITION HERE UP TO 110)

As for the long term, if wave e completes in the range of 91–89 and then D closes above 97.7 with a retest holding, we will have confirmation to enter a bullish phase with a technical target of around 110.5. Conversely, if D closes below 89.77, THE NEXT TARGET WILL BE 79-80, GOT IT AE.