Bitcoin last bullish move before macro correction [Elliot Waves]
Hello friends how are you,
basing my analysis on elliot's wave theory and having finished that last correction there should be a last 5 wave boost to the upside.
The area where price should move for this last impulse is drawn on the chart and is based on the previous two 5-wave cycles.
These 3 sets of 5 waves form wave 5 on a larger scale.
$ 84,000 is a good price to sell bitcoin before a possible macro correction.
I personally am not going to sell bitcoin since this seems to me a technology that is being adopted but by technical analysis it would seem reasonable to think about selling a little at these levels.
Good bye and good luck!
basing my analysis on elliot's wave theory and having finished that last correction there should be a last 5 wave boost to the upside.
The area where price should move for this last impulse is drawn on the chart and is based on the previous two 5-wave cycles.
These 3 sets of 5 waves form wave 5 on a larger scale.
$ 84,000 is a good price to sell bitcoin before a possible macro correction.
I personally am not going to sell bitcoin since this seems to me a technology that is being adopted but by technical analysis it would seem reasonable to think about selling a little at these levels.
Good bye and good luck!
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