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otis_bagshots
May 2, 2021 8:18 AM

BTC Double Triple Corrective Pattern? 

Bitcoin / U.S. dollarBitstamp

Description

BTCUSD appears to be forming a double three (WXY) pattern, which is characterized by a 7 swing structure. Wave subdivision is 3,3,3 which means all of these 3 waves are corrective sequences.
If this correction plays out, BTC could find support in the mid-40k range at its bull market support band.
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