BTC/USDT (1D) How Bad could it be ? (Worst case scenario) Hi Traders and HODLers.... If you ask yourself how low could BTC Fall during this correction ? Well .. it all depends if you believe to EW counts and Fibonacci extensions. This EW Count shows my expectation of FreeFall back down to 11K zone in case of A:C 1:1 Extension. Right now Bitcoin is fighting for most iportant levels. If he fails. We could finish in a BEAR market for months (maybe year or 2 untill another Halving ?). This is not investment advice, just my warning how bad it could be. Even when I am very Bullish LONGTERM ... also You should always ask yourself if you risk only the money you will not need for such longtime ;) Trade and invest safe, always consider risks.Comment: Local Uptrend channel = Bear flag is broken down. Right now important level is around 35200. (Main channel) If BTC break it down, we could see test of 33-30K zone again.Comment: Quick update, its quite difficult to count subways, so my best gues right now is something like this. when there will be chnace to do it more preciselly I will post update.Comment: Alternatie EW count. Liquidations and stop-losses below 29K support vere reached. (Huge liquidity fpor big shorters). Now many people finally sold and turned bearish into shorts. (new liquidity area is around 28-29K (top-losses for shorts of small players // retail).