At its recent low, Bitcoin dropped about 37%, retracing just over 31.8% of the previous 3rd wave. Also, from Figure 1, we see ...
Figure 1. Short-term Elliott Wave count for the SPX since October.
What is a bit worrying is that metals are also declining, which signals risk-off flows, and the same applies to BTC, who breaking well below 100000, which suggests a new cycle ahead. For more updates ...
A close above $2.22 would confirm a bullish trend, while failure to hold $2.17 could lead to further declines.
Hello everyone, it's been some time since I shared a free Elliott Wave post here for Forex Analytix readers. The reasoning is simple: we have been trapped in this range for the last two months, if not ...
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