MCO Global’s Post

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$BTC: The price keeps all options open at the moment, which is typical for a corrective structure. Ideally wave (Y) would reach $44,700 - $44,800, but if we see more downside from here maybe wave C is starting. Either way, it is a very complex scenario and over the coming days I would like to see a move down into the support region. The price needs to complete all 5 waves in white to confirm that a lasting low is already established. #BTC #Bitcoin #ElliottWave

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