This here is my sell analysis on Bitcoin for the coming months. We have seen a sharp sell off since November until January, where market finally found support at $33,000 and completed Wave A. We have started retracing to the upside now, as sellers have started running out of momentum so we need a liquidity grab in order to carry on down. I am now expecting Wave B to complete anywhere around $46,000-$48,000 before we see the next leg down towards $24,000 in order to complete Wave C of the correction phase.
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