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Bitcoin Prediction: Elliott Wave ii) Correction - tradinglounge.com 02 May 2023

Peter Mathers |02 May, 2023 | 0 Comments | Return|

Bitcoin Prediction: Elliott Wave ii) Correction - tradinglounge.com 02 May 2023

A bullish correction pattern is developing, potentially dropping to 25K for Wave ii) or 4. I would only adopt a bearish outlook if the 25,000 level becomes tested resistance. In the next trading session, both Bitcoin and the NASDAQ are expected to experience a decline, followed by the NASDAQ reaching new highs. It remains to be seen if Bitcoin will follow the NASDAQ's trajectory. BTC/USD

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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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