Elliott wave Bitcoin analysis 09.06.2023

Bitcoin continues constructing the initial part of the bullish wave C, which can take the shape of the impulse [1]-[2]-[3]-[4]-[5], as shown in the chart. Sub-waves [1]-[2] have already been completed. Thus, soon expect the formation of an impulse wave [3] above the high of 28448.19, marked by wave [X]. In the current situation, consider purchases.

Trading plan for BTCUSD today:

Buy 26481.94,

Take profit: 28448.19.

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