๐จ๐ฅ _BREAKING: Bitcoin Bloodbath Continues! Don't Buy Now, Wait for $85k!_ ๐จ๐ฅ
_Expert Analysis: Bitcoin's 15% Crash is Just the Beginning - Here's What's Next!_
Get ready for a shocking revelation! Bitcoin's recent 15% crash is not a buying opportunity, but rather a warning sign of a larger corrective structure unfolding. The cryptocurrency market is on high alert, and it's essential to understand the underlying dynamics driving this downturn.
๐ _The Crash: A Strong Impulse Wave 12345_
My Elliott Wave analysis suggests that the recent crash is a strong impulse wave 12345, marking the beginning of a larger corrective structure ABC. We've completed wave A, and now we're in wave B, with wave C expected to finish at around $85k!
๐ _Fibonacci Extension: A Key Level to Watch_
The Fibonacci extension on the chart reveals a critical level at $85k, which needs to be tested. This is a crucial area of support, and a bounce from this level could provide a buying opportunity.
๐ซ _Don't Buy Now: Wait for $85k_
I strongly advise against buying Bitcoin at current levels. Instead, wait for the price to drop to around $85k, where we can expect a potential bounce. This is not a trade setup, as there is no stop-loss, and I share my trades privately.
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๐ _Thank You for Reading!_
I wish you successful trades and look forward to sharing more expert insights in the future!