If we take the Elliott wave method, then from the graph we see motion along the waves from 1 to 5. We expect a correction in the form of 3 waves in the opposite direction. And after that we will buy bitcoin. Now there is a probability of shorts, for those who like risk.
What you need to know.
Elliott Wave Theory is a theory that represents the process of development and change of society or financial markets in the form of recognizable models. The author of the theory Ralph Elliott singled out eight waves, which are constantly repeated (five of them on the trend and three against the trend).
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