Bitcoin is moving down using Elliot wave principles

Bitcoin is influencing every single crypto, thus we only need to monitor its red or green status and the push and pull manifests itself in all other crypto's.
This said using Elliot wave principles you can clearly see the downward trend that it will bounce back up to complete its 4th wave 30200$ and then move down to 5 around 27686$.

Remember to always use your stop loss, protect your capital and don't trade through fear or greed, have a plan and trade your plan


captura



Wave Analysis

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