Since the correction down at $42700, BTC(Bitcoin) has been on an upside path to fresh highs, and it registered an all-time high. With prices contained within a consolidatory structure though, we are either in for a breakout to the upside, or a deeper correction towards the previous Swing Low, and even lower. Main Scenario Sees a Triangle Breakout My Elliott Wave analysis suggests that the main scenario we currently observe will trigger a breakout towards fresh highs. In the main scenario, red wave (4) is a running triangle that completed at the most recent swing low near $55430. Should this […]

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