Bitcoin
Short

End of wave 5 and possible entry points

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According to EW, BTCUSD has formed a 5 wave impulse and A-B correction. Wave C is about to launch.

It's also clear to see forming head and shoulders pattern on the 1h chart.

According to wave C having 1.618-2 size of wave A, correction should ends between $4600 and $4900.

Everything below $4600 is an oversold zone, it's a very reliable and safe entry, but the price may not go down that low.

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