BTC update december 12

BTC: Not much to add to the prior updates as for now price continues to move lower towards the ideal target zone. Currently price is stuck in the $3910-2980 support zone, and it will have to move below it to get to the ideal target level of this final c-wave down for what is likely Cycle-2. Then most likely Cycle 3 to new ATHs can start. A move back above $5900, without reaching the ideal target zone is needed to start suggesting C2 has finished. Until then I continue to look lower.