Elliott waves analysis

The market once again executed a false breakout maneuver. After signaling an impending decline and barely updating the local low, the price reversed sharply and surged higher. Now, this corrective structure is becoming increasingly similar to a double zigzag pattern, followed by an upward breakout

The downward movement in Bitcoin price closely resembles the formation of a divergent leading diagonal pattern. This pattern may already be complete, with the current price rise representing corrective wave [ii]. In the near term, we may still see further upward movement within this correction, af

The latest trading session for this index can be considered uneventful. The price essentially remained unchanged, staying at the same level. This is likely how the correction and buyers’ preparation for a decisive push toward the upper boundary of the forming terminal diagonal triangle are develop