Elliott waves crypto analysis – We’re long towards 10023.03

BTC –

We're long towards 10023.03

Wave Analysis

So far, no significant move has been seen on this crypto since the beginning of this week, We expect a spike to the upper side, instead, bitcoin went below 6605.05, but has now pulled back above it. As long as the price is contained above 6605.05, we expect a possible momentum to the upper side, if you’re not long already, then the level 6606.09 will be the best place to pick a low risk long position with an ultimate target at 10073.03. This view can only be invalidated in case the price breaks below 6606.09, this being the case, we’ll expect a decline towards 7304.11.

Trade Recommendations:

We’re long towards 10023.03

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