Bitcoin Technical Analysis Elliott Wave Forecast & Trading Strategies.
Making sense of Bitcoin sharp move lower; Today I place the move lower into perspective within the larger pattern of Bitcoin travelling across the $50,000 level, as this is the balance price point for this market. We can expect further swings, but from my perspective Bitcoin is bullish in the bigger picture. I also compare Ethereum Elliott wave pattern to Bitcoin, Ethereum is stronger than Bitcoin and we can see why in the ETHBTC cross pair. Ethereum is maintaining support.
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