Figure 1. Bitcoin’s short-term Elliott Wave count with several technical indicators and moving averages. Like the gray W-ii, ...
Contingent on holding above the September 1 low, a break above $123,220 will target $159-161K before we see a more significant pullback.
Don't call the top yet, market analyst specializing in the Elliott wave theory, told CoinDesk. He added that BTC $111,916.87 will rally to around $140,000 this year before slipping into a bear market ...
Many have asked us whether Bitcoin (BTCUSD) reached a major top in August, as the rally from the April low paused and weakened. Using the Elliott Wave Principle (EW), we will address that question.
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