#Bitcoin❗ Chart Analysis for #Today
I'm posting today's analysis later than usual because of personal matters.
The decline I've been mentioning over the past few days has not materialized.
It seems like we are seeing an extension of the 5th wave in the E wave of an ABCDE impulse wave. There appears to be a converging pattern typical of an extended 5th wave, as you can see in the wave count.
Of course, there's a possibility that I might be wrong and the price could rise, but it would be odd not to attempt a short position in this zone.
There is certainly a chance of a significant rise, but I believe a correction is needed before further upward movement continues.
I can't predict the size of the correction, but given the strong upward momentum, I think it might be a brief one.
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