Here is the prediction yesterday.

And here's what happened.

As you can see, the EW was not yet complete when I posted yesterday, thus, the price of BTC breached the $11,600 resistance and pushed the prices up to $11,972 in other exchanges (target yesterday was $12,000); however, bulls were not able to maintain the price and a sell-off followed. It was expected that an ABC corrective wave will follow after the EW.

Looks like Wave A was completed at $10,620 and I am expecting up to $11,200 - $11,300 for the Wave B. Then the prices may dip again up to $10,500.

Note:

1. Breaching the $11,400 resistance and maintaining the price above it will invalidate this TA and will push the prices up to $12,000, then up to $12,500.
2. Breaking the $10,300 support and maintaining the price below it will invalidate this TA and will push the prices down up to $9,000.

Disclaimer

This is my personal view and I don't claim it to be a professional financial guide. Your decisions are only controlled by you and only you. Listen to what others say, but don’t believe everything that you hear. Research, analyze, and think. In the end, you can only thank yourself for believing in something that is true. Likewise, you can only blame yourself for believing in something that is false.

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