Correction Target Hit!

...

This is an update of a previous post I wrote 2 weeks ago that can be found here:
https://steemit.com/bitcoin/@benkalashnikov/bitcoin-btc-analysis-update-just-being-honest

Seems like the bottom could be in. I had a correction target at around $8,000 and we've hit it and could start impulsing from here.

5 Corrective Waves Completed

RSI Support hit

We've also landed on some RSI support which could confirm a bottom.

Scenario 2

Another probable scenario is that we could go a little lower if we count the last C wave differently. That means we could hit the bottom at $7,691.

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Disclaimer:
I'm not a financial advisor and these are only my opinions. I don't take any responsibility for any investments that you make based on my analysis.