The wave 3 of 3 we have been monitoring in the past days was not impulsive at all. Taking a step back, to me the idea that we may be in wave 2 fits better into the overall picture. I also like the fact that the there is good horizontal support around 8850/8950 usd which would bring the correction to 50% fib of wave1. Also the increase in volume today kinds of confirms that we are in a corrective secondary trend rather than a lower minor trend.
RE: Bitcoin (BTC) Morning Update: A Proposed Pathway of the Minor Correction