Bitcoin looks very well primed to slap $44.7k-$45.7 over the next day or so, but as I've been telling fellow surfers in the Elliott Wave Science community, a trip below $30K is still sitting in queue.
One of the red lines should provide enough resistance to smack price action back down that way. The phrase 'below $30K' does not equate to
12K-$15K! I see those targets as being highly unlikely.
27K-$28K should provide ample support.
One of the red lines should provide enough resistance to smack price action back down that way. The phrase 'below $30K' does not equate to
Decode the wave, anticipate the move. elliottwavescience.com
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Decode the wave, anticipate the move. elliottwavescience.com
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.