Bitcoin saw a negative daily close yesterday. With that, its fair to assume wave 4 down may have started and 100K will have to wait till wave 4 is done. Previous degree wave 4 was around 88K so that’s a potential target for ongoing wave 4 and 38.2% retracement which is common for wave 4 is around 86500.
Having said that, if #BTC breaches the high of wave 3 (99,860) and closes above it then it might mean that wave 5 up has started and 100K is back in picture sooner than expected.
Lets wait and watch!
