$𝐁𝐓𝐂 𝐢𝐬 𝐬𝐭𝐚𝐫𝐭𝐢𝐧𝐠 𝐚 𝟐𝟎% 𝐜𝐫𝐚𝐬𝐡. 𝐒𝐞𝐥𝐥/𝐒𝐡𝐨𝐫𝐭 𝐧𝐨𝐰

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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