Kriptobirlik

Bitcoin Overview Longer Term

BITFINEX:BTCUSD   Bitcoin
Hello,

Here is our analysis of current BTCUSD market overview. Currently, BTC seems to be doing a complex WXYXZ correction, and staying in the channel. IF our elliot wave count is correct, BTC can finish the correction on sub (iv) wave of larger wave 5. That corresponds to 5900. IF we break this level, another good support is (i) sub wave of larger wave 5; corresponding to 4950.

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