#ReboundRally

Dear readers,

I have prepared a short-term forecast for cryptocurrency, Bitcoin

based on Elliott wave analysis

BTCUSD: The price is expected to fall within the corrective wave, and it will be appropriate to look for selling opportunities from the current level with the take-profit level set at 91,965.00.

The BTCUSD market has formed the corrective wave [4] as a double zigzag wave of waves (W), (X) and (Y),

The new bullish wave is developing inside the latest part of the chart, as an impulsive wave

of waves (1), (2), (3), (4) and (5), and sub-waves (1) and (2) have been completed,

The impulsive wave (3) has also been formed, and the price is being corrected within wave (4),

which is expected to complete as a standard zigzag wave of waves A, B and C near the level of 91,965.00.

Trading plan for BTCUSD pair today:

Sell 94,463.03, Take profit: 91,965.00.

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