Cryptocurrency:BTC-USD | Bitcoin Elliott Wave Technical Analysis Price Prediction 24 Jan 2023
Bitcoin high is expected range 25k as Wave 1 or C Bitcoin BTC-USD Elliott Wave Technical Analysis TradingLevels. Price Prediction Today - TradingLounge
Bitcoin CME Futures contracts are still 25% shorts over 6% longs and with diminishing volume in the current trend upwards will see this market turn around the $25,000 price level.
In terms of the TradingLevels the 25K is the Medium Level and will not only play a strong resistance, but is in line with a top for the Elliott Wave count terminating around the 25k price point.
Expect a top at around the 25k, this top will also coincide with other global Indices markets including the EURUSD, GBPUSD, AUDUSD topping out
Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
Source: tradinglounge com
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Bitcoin is an open source peer-to-peer digital decentralized cryptocurrency distributed worldwide and BTCUSD represents the price of Bitcoin in US Dollar.
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