Bitcoin - Is it ready to challenge the top of its 3-year channel
I will confess I am not great at Elliott wave but does anyone else view the sideways to lower price action on Bitcoin as an ‘a-b-c’ pattern?
If it is, we should see the market head back up to the recent peak at 74415 and the top of the 3-year channel at 76760
#bitcoin #elliotwave #technicalanalysis #markets
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If it is, we should see the market head back up to the recent peak at 74415 and the top of the 3-year channel at 76760
#bitcoin #elliotwave #technicalanalysis #markets
Disclaimer:
The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
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