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RE: Bitcoin (BTC) Mid-Day Update: The Upper White Trend Line Needs to Hold as Support
I share graph and analysis
Taking the height of the triangle as a wavelength parameter that we already see that it was exactly fulfilled in the first cycle of correction waves
A correction of 5,3,5,3,5 could take us to 9,200 dollars again.
What you think?
Your graph shows a 3 3 5, it's a flat correction in EW theory. It's a really probable option, time will tell.