Bitcoin: Take a dive!
Bitcoin once again reached our green Target Zone ($58,655 – $47,012). Although it showed a clear upward reaction directly on the upper edge of the Zone, we primarily expect a deeper dive. As soon as the low of the green wave 4 is established, we expect rises to well above the resistance at $73,462. At the end of this move, the high of the larger wave iii in orange should be established.
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