Elliott waves analysis

An interesting wave pattern is starting to take shape in this currency pair. As previously expected, the price is currently developing corrective wave 4 of an upward impulse. During the last trading day, no significant decline occurred, and now we are seeing an attempt to recover. This type of mov

Bitcoin once again performed a deceptive move—its behavior clearly suggested further decline, but as soon as it updated the local low, it immediately started to rise sharply. As a result, the impulse in wave [c] appears to have completed, and the subsequent rapid growth may represent a new bullish

Yesterday’s trading session invalidated the previously expected downward impulse structure. Instead of declining, the price shot up sharply, breaking through critical levels. Now the entire drop looks more like a simple zigzag, which itself appears to be part of a more complex corrective structure