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Elliott Wave Analysis: BTCUSD Recovering Above 10000

Elliott Wave Financial Service
By Elliott Wave Financial Service

BTCUSD is rallying higher, now seen in wave c or three, as part of a trend reversal. We see price breaching above the 9468 level, which is a confirmation for more upside. That said, once wave c or three fully show up, a new temporary correction as blue wave iv may start to unfold with possible support near the 10000 level.

BTCUSD, 4H

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Elliott Wave Financial Service
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