Bitcoin: BTCUSD Made Another Recovery

As per Elliott Wave Analysis Bitcoin, BTCUSD made another recovery, but so far in three waves only, which indicates a corrective movement, so the ideal scenario would be an ending diagonal within wave 5 that can retest the lows before we see a bigger recovery. Of course, any earlier jump towards the 40K area might be a signal for the bottom and completed 5th wave.

Video Length: 00:06:20


Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.