Elliott Wave analysis: Bitcoin looks higher towards all time high prices
|Bitcoin remains under strong bullish pressure and looks like there is room for more gains that can send the price back above all-time highs within a five-wave cycle.
Currently we are still tracking wave "v" of 3 in the 4-hour chart, so after a pullback in wave 4 we may see another push to the upside for wave 5. Support is between 58k-54k. Invalidation level remains at 50k.
Bitcoin 4h Elliott Wave analysis
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