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Bitcoin Lifting off 25,000 with the first impulse wave, this could be positive...

Summary: Bitcoin Elliott Wave structure is appearing positive, there are however a lot of short contracts being held by hedge funds in the CME Futures market. 
Elliott Wave Wave ii) low in place at 25,000 with the first impulse wave up off the low, however, this is not enough to confirm the next trend higher.

Video Length: 00:11:10

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