Crypto Charts 51

Bitcoin

If wave ((2)) hasn’t ended at $48’838, we can expect support to be found at the low of the previous fourth wave and the 0.618% Fibonacci retracement level of wave ((1)) at $47’825, as highlighted in yellow.

Wave (1) would then be expected to chart upwards and push Bitcoin's price back above $50k.

Ether

Wave (c) is expected to be completed between the target area of $3’928 – $3’872, established through the 50.0% – 61.8% retracement levels of wave ((i)), highlighted in yellow.

If wave (c) is complete, we can expect wave (i) to start charting upwards.