BTC is currently forming a Rising Wedge pattern with proper Elliott Wave Counts. We can expect Wave 5 to reach around $25250, from where it may start dropping and breaks below the Rising Wedge Pattern.
1 Day 100 MA is also around @25200 currently. So a rejection can lead to this drop.
We can expect a 15% drop into $21500 levels next week.
>> This is not a Trading Advice.
>> Please DYOR
1 Day 100 MA is also around @25200 currently. So a rejection can lead to this drop.
We can expect a 15% drop into $21500 levels next week.
>> This is not a Trading Advice.
>> Please DYOR
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