Using Elliot Wave theory I suspect that we are nearing the end of Bitcoin's ABC correction.
Looking at the trend I believe there will either be a double bottom or a small dip to $5900ish to form a new low.
Bitcoin throughout the correction has liked forming truncated last waves so I cannot see an extended fifth wave forming.
Looking at the trend I believe there will either be a double bottom or a small dip to $5900ish to form a new low.
Bitcoin throughout the correction has liked forming truncated last waves so I cannot see an extended fifth wave forming.