Corrective Rise On BTCUSD May Cause More Weakness
Updated
Cryptos looking heavy after only three waves of bounce from recent low on bitcoin. New year holidays and end-of-the-year flows may cause a shift in current sentiment on stocks, which would most likely cause even more weakness on cryptocurrencies, possibly back to December levels.
GH
GH
Comment
Five down so we can expect more weakness after rally
👉Premium Services:
wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.