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BTCUSD morning update

INDEX:BTCUSD   Bitcoin
BTCUSD still looks like a regular flat, just with a prolonged, elaborate, and extended C wave. Wave (1) of C is circled in the red ellipse, wave (2) appears to be an expanded flat (green ellipse). Wave (3) appears to be still in progress, with more downside likely, in my opinion. Corrective price action in the blue ellipses appear to be zigzags, and so are not likely of the same degree in this wave structure.
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