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Elliott wave Bitcoin analysis 06.03.2023

Bitcoin continues to move within the correction wave [4]. It will take the shape of the zigzag (A)-(B)-(C), within which the impulse (A) and the correction (B) have been completed. The last impulse sub-wave (C) is currently unfolding. Shortly, the price will continue to fall in sub-wave 5 towards the level of 21451.92. At this level, impulses (A) and (C) will be equal.

Trading plan for BTCUSD today:

Sell 22353.54,
Take profit: 21451.92.






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