Old BTC Chart Playing Out

22 Eyl 2021

So far it looks like this old chart of mine is starting to play out pretty well with demand zone pretty clearly around the 36k mark. I think this could be the first major support level we hit, but the bounce may be short lived and keep traveling down to 19k as a low. However, from an elliott wave perspective, right now it seems wherever we find the local bottom, we will be moving up sharply.