BTC - may have started that expected drop to complete a corrective wave b down

In my previous post I wrote:

“And the best resolution here will be to see a drop to 3,400 – 3,300 to complete that corrective wave. And from there I would expect another stronger rally in wave c of i up”.

Nothing changed since then. I have been patiently waiting for that drop. Now we have three potential targets: 3,660, 3,500 and 3,400. The drop can even extend to 3,329.

BTC - Daily chart updated on 10 January 2019

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