Elliott waves analysis

The previous trading session did not bring any clarity to the emerging wave pattern. The price remained at the same level throughout the day, showing no signs of a decisive directional move. For this reason, the previously considered wave structure remains valid. A decline is expected in the near

The situation with Bitcoin has not undergone any significant changes. The price continues to remain under pressure. A weak attempt to rise failed to deliver the results buyers were hoping for. Most likely, this upward move was corrective in nature. In this case, we are likely to see a continuation

The index continued its slow decline before encountering a level that is significant for buyers. The importance of this level was confirmed by the market’s reaction—decline was sharply halted, and the price reversed upwards, leaving behind a sharp spike. Apparently, this area marks the second poin