Short

BITCOIN; Bearish While it Trades Below 18377

Five waves drop on bitcoin from 18377 is bearish so sooner or later we think that price will resume lower; possibly already from here, but much ideal and textbook resistance per Elliott Wave guidelines is at 17200.

GH

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Bitcoin Making A Wedge Pattern: Elliott Wave Analysis

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👉Explore Our Services @ wavetraders.com/elliott-wave-plans/

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Bitcoin Making A Wedge Pattern: Elliott Wave Analysis

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.