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Thursday, December 29, 2022

BITCOIN; Bearish While it Trades Below 18377

BITCOIN; Bearish While it Trades Below 18377

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

Five waves drop on bitcoin from 18377 is bearish so sooner or later we think that price will resume lower; possibly already from here, but much ideal and textbook resistance per Elliott Wave guidelines is at 17200.

GH

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