Hello traders,

Cryptos are still slow while waiting for the stock market to find potential resistance. That said, it seems like it may occur soon, as we see a corrective intraday sideways triangle consolidation within a wave (b) of »y«, which can be ending. As such, be aware of further weakness at least for a wave (c) of »y« that can push the price down to 8500 – 8000 area.

BTCUSD, 1h

 


 

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