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This forecast is based on the Elliott Wave Principle which states that investor psychology is the motor behind the stock markets. In this analysis however, the analyst not only observes the previous price patterns, but also takes into account the correlation between different pairs before releasing forecasts.

Elliott waves analysis

2025 EURUSD BTC #NQ100
17
February

The goals for the upward movement at this stage have been achieved. There is a high probability of a corrective pause. The price may attempt a retracement. All this will happen within the framework of the forming Wave 3 of the upward impulse. The trend remains bullish, so considering the expected

Bitcoin's volatility remains very low. Price fluctuations are reduced, which is a sure sign of an imminent surge in one direction or another. The wave situation suggests that the movement is likely to be downward. This is due to the ongoing development of the correction, which locally takes the fo

The price decided that it had sat too long in the corrective sideways movement and attempted to resume the uptrend. Daily candles began to close one after another above the previously formed resistance level. Within the next trading week, it is possible to update the absolute maximum. All this is

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