BTC is probably featuring a flat correction with an expanding ending diagonal C wave. If this is indeed the case, the next dip at 70k would be the end of the correction. It might chop around the 80k area for several days/weeks, as the cousin waves (i) and (iii) lasted about 20 days. Of course, it is possible for wave (v) to be shorter in duration, but this is not the likely scenario.
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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.