CryptoBearishBlockonomi · 4h ago6/10
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Is Bitcoin’s Rally a Bear Trap? Elliott Wave Analysts Flag C-Wave Risk
Elliott Wave analysts caution that Bitcoin's recent rally may represent a corrective B-Wave rather than a genuine bull market reversal, with a potential C-Wave decline posing risks of lower lows and capitulation. The $60,000 level emerges as a critical support zone, while some traders anticipate summer consolidation as bulls defend prior support levels.
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