Above 65094 and clearing 70028 we are looking to the upside for wave (iii) of ((v)).
Update with targets soon!
See also my related idea!
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Updated the count with an impulse started from 56600 and the wave (v) at 72144 that is truncated.
Below 67280 we allow to unfold in 5 waves wave c from a zigzag correction wave (ii)).
We are looking for a possible support at 0.786 fib retracement.
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Price below 66467 is favoring a continuation to the downside for Bitcoin.
Down from 72144 a leading diagonal wave a ended 64009.8.
Below 66467 we are looking to the downside in 5 waves for wave c of (ii) with possible target 0.764 fib retracement of wave (i).
I will post an alternate count if price is keeping 63420 and will clear 66467 level.
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Bitcoin bouncing into critical support level.
As the price keep 56600 (our invalidation level) and clear 66467, we are looking to the upside for wave (iii).
Changed wave (ii)) into a complex correction with equality between waves x and y and wave c (micro degree) of wave w an ending diagonal.
Bitcoin (Cryptocurrency)BTCUSDChart PatternscryptocryptomarketelliottwaveanalyisTrend Analysiswave3wave5Wave Analysis
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