BitcoinLong
Bitcoin/Gold running flat correction before final fifth wave
Let's consider Bitcoin/Gold as the best index of commodity pricing for the purposes of elliott wave analysis. Bare in mind we have barely broken ATHs on this chart. It looks like we are in the equivalent period of March 2017, a large flat correction before the true extended fifth of extended fifth parabolic advance commences.
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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.