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Bitcoin's Triangle Likely Caps Gains - ELLIOTT WAVE ANALYSIS

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Love it or hate it...Bitcoin's price chart suggests a better buying opportunity may be on the horizon.

The position of this triangle and the tap of the upper price channel line suggests this market is poised for a correction.

Most of the time when a double zigzag like this appears to start a new trend, the entire pattern is completely retraced. Be on the lookout for a push below 10k.

If Bitcoin is successful in moving below 10k, then that will offer up a better price to buy.

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