Bitcoin knock, knock knockin' on heaven's door
In Elliott wave terms Bitcoin has completed primary wave 1 up and now looks like it is ending the wave 2 correction. Price is knocking up against the primary wave 2 trend channel and working toward completion of the first impulse of the coming primary wave 3. I'm 60% in favor of this interpretation with the other 40% being that primary wave 2 is not yet complete. A significant break up through the primary 2 trend channel will add confidence.
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