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Bitcoin has a bullish structure that can reach 50,000. In the short term, the Wave ii) correction can be completed at 30,000 or it can retrace to 28,000.

I will need to see more price action pattern to confirm. In the meantime trading long above the 31,000 high is another way to catch any trend up otherwise its down to 28,000 area which is the 50% retrace of Wave i)
Elliott Wave count (c) of ii)

Video Length: 00:05:35

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