Market Picture Cryptocurrencies continued to surge, pushing the total capitalisation of this market to a new high of $3 trillion. It was just $2.2 trillion on November 5th. In other words, over 10 days, the increase was more than 35%. Bitcoin has gained nearly 20% since the start of the week, barely slowing at the […]
Short Term Elliott Wave view in Bitcoin (BTCUSD) suggests the rally to 49500 on January 11, 2024 ended wave (3). Pullback in wave (4) is proposed complete at 38503.8 as the 1 hour chart below shows. Up from wave (4), wave (i) ended at 40526.3 and pullback in wave (ii) ended at 39419.8. The crypto […]
The post Bitcoin (BTCUSD) Looking to Extend Higher appeared first on Action Forex.
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