Bitcoin: Bulls Are Not Ready Yet (Elliott Wave)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin has seen a big sell-off in the last few weeks but it appears that resistances may not be broken so easily as recent intraday recovery looks corrective. In fact, on some important markets we see impulsive sell-off, meaning corrections can be deeper after bear market rally.

Comment: Hey everyone.

After that first a-b-c up, consolidation is unfolding as a complex one.. triangle?

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