Btc pushing towards a confluence of support?Bitcoin / US DollarCOINBASE:BTCUSDQuantMasterEcchBtc was in need of a healthy correction and is in what I believe to be the last wave of an abc correction of the first impulsive Elliott wave. Price action is showing a well formed descending triangle pointing down to the 1.618 fib retracement. Volume shows this area as the nearest high sellside liquidity area. I’m estimating btc will stay range bound between the local high resistance and the 1.618 fib until it hits a confluence of support to push the price higher. The confluence is made from the prior lows of bullish flags of previous cycles and the lows of the last bear cycle. Waiting on a liquidity sweep around the 1.618 for confirmation.