Bitcoin just completed a regular flat correction that ended at 60,000$, and now we are continuing the rally with new impulsive waves. on a small scale, bitcoin recently finished the first impulsive wave (wave 1), and we are about to undergo a small correction that will bring prices back to between $65,000 and $62,000. After this correction, we will enter the...
Bitcoin has finally entered the last long correction wave (c). This wave will experience highs and lows that will be tricky for traders, sometimes appearing little bullish and at other times super bearish. It’s important to be careful during this wave, especially for scalping traders, because this wave has sharp dips. The first area we are waiting for Bitcoin to...
We’ve experienced five impulsive waves since August 2023. After reaching a new ATH, the price underwent a regression to below 71k. According to Elliott Wave theory, we are currently in a corrective phase, denoted as ABC, and have just completed the A wave, entering the B wave. The next wave, C, is the last one, targeting prices around 52k. If the current price...
