Not financial advice, at all, but hopefully we are near the bottom of this correction...

We were in the correction down that I previously mentioned. And looks to be tracing out the most probable correction that I forecast, a simple “a-b-c” down. We are in the 3rd wave down of the “c” wave down. More to come. The “c” wave down will have 5 waves. This 3rd wave has expanded and has become a little complex and longer.

The targets for completion of the overall 4th wave “a-b-c” Down are:

A) Typically with simple “a-b-c” corrections, Wave “a” will equal Wave “c”. This places the target for the correction bottom or the end of Wave “c” at 7,600. (a little shy of the beginning of the 5th wave of Wave 3 that we are correcting)

B) Looks like the 5th wave of the Bitcoin 3rd Wave started at around 5,900. Therefore this is the next target, if 7,600 is taken out.

C) The next target if 5,900 is taken out is 5,100 where Wave “c” will be 1.272 times the length of Wave “a”.

My guess is that the 7,600 target is looking pretty solid right now. The 5,900 and 5,100 targets are to be used if the market blows past the preferred 7,600 target.

The good news is that as far as I can tell with poor data and charts, Bitcoin recently completed a major 5th wave up as part of an extended large 3rd Wave Up. This means we’re are now in a large 4th wave correction down. AND, that means there should be a large 5th and final (for now) wave up in the near future that will take Bitcoin past 20,000.




So it looks like it *might* be a good time to buy again up to all time highs. But you just never know! BitCoin up 15% and ETH 18% and the Alts are really up huge, 20-30% today alone!