Overview: The bounce of 30,000 is a corrective rally, it is in three waves, so further downside is expected.
Bitcoin Elliott Wave Analysis: tracking the move up as a corrective rall and an impulse wave
Trading Levels: the levels are 30k, 25k and 20k
Bitcoin Trading Strategy: expect further lows, if your still short from 56,000 then continue to hold short, with stop loss at 42,477
I have bought long above 40,000.
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