$๐๐๐ ๐ข๐ฌ ๐ฌ๐ญ๐๐ซ๐ญ๐ข๐ง๐ ๐ ๐๐% ๐๐ซ๐๐ฌ๐ก. ๐๐๐ฅ๐ฅ/๐๐ก๐จ๐ซ๐ญ ๐ง๐จ๐ฐ
Bitcoin is starting a major downtrend. We have a bearish flag that is ready for a breakdown. Bullish flags are probably the most powerful patterns, and after a breakdown, a massive dump follows, especially on Bitcoin.
Bitcoin got rejected from the Fair Value GAP on the daily chart. These gaps are always a strong support or resistance, so pay attention to them. From the Elliott Wave perspective, we have finished the wave (X), and we are ready for a final dump, which can be steep and strong.
Where to buy bitcoin?
To answer this question, we need to take the Fibonacci extension tool and measure the 1:1 extension, which is a common retracement for a corrective wave.
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