Elliott waves analysis

As expected, the price failed to overcome the previously established local high. After three unsuccessful attempts, buyers decided to cede initiative to their opponents. As a result, we are observing a decline during which a breakout of the lower boundary of the converging diagonal triangle occurr

Bitcoin continues to face significant pressure from sellers. However, buyers are not willing to relinquish their positions easily. Previously, the possibility of a corrective bounce was considered. Unfortunately, we did not witness the expected rebound; buyers only managed to temporarily halt the

Recently, no significant changes have been observed with this trading instrument. After crossing the lower boundary of the channel, the index began to correct. It appears that sellers have taken a brief pause before further downward movement. Additional price declines seem highly probable, as Wave