Elliott wave View: Bitcoin (BTCUSD) Entering Into A Wave Five Lower
The short-term Elliott wave view in BTCUSD suggests that the decline from March 28, 2022, High is unfolding as an impulse structure favoring some more downside. Down from 03/28/2022 high, wave (1) ended in 5 waves at $38550 low. Wave (2) ended at $42974 high, and wave (3) ended in 5 waves at $25384 low. …
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