Bitcoin update: Elliott Wave form, Weekly chart
Price has moved up in 5 waves and appears to be complete. This would be a larger degree wave (1) of [5] (circle on chart). Expecting price to move down as and ABC to the 3, 4 area . From here it should move up as a wave (3). For those in BTC it may be prudent to take profits here or put in a sell order somewhere below.
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