Disclaimer: I am not a financial advisor, this is not financial advice, this is only my opinion.
Yesterday, BTC broke the upper trend line of the larger wave's channel. Late last night/ early this morning we saw a sharp retrace back inside the channel. Above are the Elliott waves I observe in BTC's price action since a little before Valentine's Day.
Above are the subwaves I observe to confirm my price movement predictions. The (a) wave downwards does not look like a three part corrective wave, rather a five part impulse wave. Wave (b) conversely appears corrective and not impulsive.
I predict (c) will be another impulse wave downwards, possibly with an extension. I predict (c) will fall between/ around the slate blue (iv) at $9500 and the white v at $9800. The white v is based on the trajectory of the impulse wave (a). Given that (c) will likely demonstrate an extension, (c) may find support on the lower trend line of the larger complete wave at a little under $9400.