A typical bear market rally consists of upbursts in quick fashion. If the first 5 waves down weren't so obvious I wouldn't have gone for a ABC in retracement. And now looking at it it doesn't make any sense.
The overall crypto market shows a lot of strength. So for this to play out there must be coming an unforseen event.
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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.