#XmasCryptoMiracles

Dear readers,

I have prepared a short-term forecast for cryptocurrency, Bitcoin, based on Elliott wave analysis

Key points

BTCUSD: The price continues to fall within the corrective wave

(4), and it will be appropriate to look for sell deals from the current level with setting

the take profit level at 91,965.00.

Bitcoin Elliott Wave Analysis

BTCUSD pair formed

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

timeframe (4 hours), and 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, and the impulsive wave (3) has also been formed, and the price is correcting 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, which is the level at which the sub-impulsive wave A was completed.

Trading plan for BTCUSD pair today:

Sell 98,280.46, take profit: 91,965.00.

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