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shubbs
May 4, 2020 12:12 AM

BTC likely to dump before the halving this time Long

Bitcoin / United States DollarCoinbase

Description

My current Elliot Wave Count for Bitcoin is shown. It looks like a 5 wave impulse move is complete from $3800 to $9500 and an ABC correction is beginning. A 38.2% retrace of the move from $3800 to near $9500 would be near $7400. There is a CME Futures gap at $8840 and the Coinbase price would be about $8740 in order to close the gap. This correction could go into the halving in the next 8-9 days.
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