Looks like a repeating trend of testing support at $12k.

Bitcoin / Tether USD (POLONIEX:BTCUSDT)

POLONIEX:BTCUSDT Bitcoin / Tether USD

Fibonacci Elliott Wave

fibonacci elliottwaves

Not sure what to make of it, but 12k seems to be of some significance.

Elliot wave formation seems to be there on BTCUSD 1hr.

snapshot

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