This is only a personal opinion, I am not a financial advisor. I believe Elliot wave downtrend could potentially form a fifth wave if Bitcoin movement is bearish in the next few hours, otherwise, it would be nice to see it breaking the channel and moving upwards to 63K.
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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.