What we have on the btcusd chart is a completion of an ABC corrective wave structure, followed by the impulse move to the upside, the wave(i) of this impulse has made it sub-wave movements, so we expect a little decline in price to serve as wave 2 correction then a wave 3 bullish move.
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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.