Elliott wave Bitcoin analysis 13.02.2023

Bitcoin completed the actionary wave (W) as a standard zigzag. Now the corrective linking wave (X) is unfolding. Its initial shape looks like a double zigzag W-X-Y. The first actionary sub-wave W has been completed as a zigzag [A]-[B]-[C]. Shortly, expect the formation of a linking wave X as a double zigzag [W]-[X]-[Y]. It will end around 23185.29. At this level, linking wave X will be 61.8% of wave W.

Trading plan for BTCUSD today:

Buy 21829.97,

Take profit: 23185.29.

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