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#BTC Continuation of downtrend

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Just a quick play with the Elliot Wave tools.

I'm thinking that we could be in the midst of an ABC correction before resuming the downtrend.
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So Bitcoin busted out to the upside. I still don't think we're out the woods as on the 4 hour, I could see a price pathway that climbs to c8500 before one final 5 wave descent. Time will tell.

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