BTC is not looking bullish yet. We are actually seeing a short term bearish pattern called "bear flag".
I think this is wave 2 of C coming to an end soon (meaning that the first wave down of wave C is already done...)
We must hope that this drop is not going to make a new low below 6000$, because if it does, by definition it cannot be blue wave 2. It is the make or break level for this count.
In this case, a drop to 3,700$ would likely follow.
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