Bitcoin Elliott Wave Analysis - Wednesday, Aug. 25

Elliott Wave Analyst - tradinglounge • Aug 25, 2021 at 1:08 AM EDT

Bitcoin can now have a top in place. A breach of 46,500 would confirm this.

Crypto Bitcoin BTCUSD Technical Analysis Elliott Wave Forecast

Bitcoin Overview: Bitcoin can now have a top in place. A breach of 46,500 would confirm this.
Technical Analysis Bitcoin: Upside target is 51,100 the 61.8% retracement level
Bitcoin Elliott Wave: Wave c) of B to 51,100 a move above 55,000 would lean the Elliott wave count to the bullish wave structure
Trading Levels Bitcoin: Next resistances is 50, 53 and 55
Bitcoin Trading Strategy: Neutral

Video length 00:19:31

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