Still bearish on Bitcoin, back down to 7800
Bitcoin is currently struggling. How I see it, Bitcoin has just completed the first wave of Elliott waves of a correction. It is losing volume, and RSI is showing bearish divergence. I think it's a long way down back to 7800.
Note
If Bitcoin pushes above 8700, my count is wrong!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.