Bitcoin completed 4th Elliot Wave ABCDE Correction

Bitcoin (BTC) trapped bulls but the death cross already occurred above $11k resulting in a $5k drop in price, however since the price currently is at $7k, we are still in able to have one last V Bottom to complete the bullish case

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Shorts Squeezed successfully and first target $7120 reached, the current price action pattern could play as a corrective bounce. Its a bit risky to enter a long above $7.2k since it could trap breakout traders

We do not want to see another third leg down, otherwise it would front run the liquidity pools below $6800 which means the possibility for a lower more aggressive bottom

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Looks like wycoff accumulation just completed...we're bullish boys maybe a quick tap of $7400 or a wick at $7260 the last dip to buy if you are really bullish