BitcoinShort
BTC Market Near the Top End of Elliot Wave 3 Approaching
According to EWT if W3 is to be a 1.68 extension of W1, it should be ending near the 8k... Two options either BTC just started correcting before the fork (which I doubt) or it will continue rallying just to heavily correct right after... Following fib retracement rules, counter trend wave 4 should take us back to the 6k price levels... A thing worth noting, notice how every time BTC corrected on the daily it was always after a complete TD Setup (Tom Demark Sequential), yesterday was a 9th.
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Disclaimer
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.