Wave V Complete for Bitcoin. Retrace to start of Wave IV.
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The elliott wave move proved to be correct. Now I expect a textbook retrace to at least the start of wave iv. Depending on weakness, we could see further downside. Likely some consolidation at this level to bleed out bullish energy. But if we see strenght upwards, theory will be invalidated.
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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.