#Bitcoin appears to be entering the early stages of a potential mega bull run based on various fundamental indicators and historical patterns, which elliot wave analysis confirms.
A very easy direction can be determined by taking the BTC November 2021 monthly candle as a reference.
The upper zone of the candle is $61352, the lower zone is $56955, the upper zone is currently retesting.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.