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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