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Bitcoin’s Short-Term Elliot Wave Count Looks Bullish

From fxempire.com

Although I may have called the actual June 18 low for Bitcoin (BTC, see here), the Bulls still have plenty of work to do before I can give the all-clear sign. Namely, trading is not about nailing tops and bottoms -most actually buy at the top and sell at the bottom. Indeed, they nailed it but not in the correct order- but it is about being on the right side of the trend. Thus as an analyst who primarily uses the Elliott Wave Principle (EWP) I want to see five waves up. Either as an impulse or as a diagonal. I have been tracking these two patterns for my premium crypto trading members over the past month. See Figure 1 ... (full story)

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