Bitcoin Technical Analysis, 25 August 2021
Crypto Bitcoin BTCUSD Technical Analysis Elliott Wave Forecast
Bitcoin Overview: Bitcoin can now have a top in place. A breach of 46,500 would confirm this.
Technical Analysis Bitcoin: Upside target is 51,100 the 61.8% retracement level
Bitcoin Elliott Wave: Wave c) of B to 51,100 a move above 55,000 would lean the Elliott wave count to the bullish wave structure
Trading Levels Bitcoin: Next resistances is 50, 53 and 55 Bitcoin Trading Strategy: Neutral
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Elliott degrees in order: Grand Super cycle wave, Super cycle wave, Cycle wave, Primary wave, Intermediate wave, Minor wave, Minute wave, Minuette wave and Subminuette wave.
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