Using Elliot Wave theory I suspect that we are nearing the end of Bitcoin's ABC correction. Looking at the trend I believe there will either be a double bottom or a small dip to 5900ish to form a new low. Bitcoin throughout the correction has liked forming truncated last waves so I cannot see an extended fifth wave forming.
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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.