Bitcoin

BTCUSD - Corrective Wave Developing After the Sharp Drop

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BTCUSD has completed a strong impulsive drop, and the market is now starting to build a corrective sequence. The internal structure of the current bounce remains corrective, suggesting this move is likely part of a larger wave formation rather than the start of a new impulsive trend.

If the sub-waves continue to unfold as expected, Bitcoin may form a short-term corrective pattern before the next decisive move. For now, momentum still aligns with a temporary relief structure developing after the impulsive leg down.

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