Corrective Rise On BTCUSD May Cause More Weakness

Updated
Cryptos looking heavy after only three waves of bounce from recent low on bitcoin. New year holidays and end-of-the-year flows may cause a shift in current sentiment on stocks, which would most likely cause even more weakness on cryptocurrencies, possibly back to December levels.

GH
Note
Five down so we can expect more weakness after rally

snapshot
BTCUSDCryptocurrencyElliott Wave

Explore our services
👉wavetraders.com/elliott-wave-plans/

Learn Elliott Waves
👉 wavetraders.com/academy/

Newsletter Sign up
👉 bit.ly/3FVPVzO
Also on:

Related publications

Disclaimer