$BTC: While we can never rule anything out in these markets, #Bitcoin has not formed any structure that would suggest a lasting low. Those quick changes in direction are normal in corrections. Which is why I often emphasize that the focus in corrections should be on capital preservation. A reasonable way to trade the correction is to buy and sell in tranches, casually, but not to try to trade every single wave. Also remember that B-waves are waves that are most difficult to trade and predict. #BTC #ElliottWave #RiskManagement
