Tag: EW
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Elliot Wave Theory, Inflation, 2021 ATH vs 2022 Bottom | BTCUSD
The orthodox top for Bitcoin (BTCUSD) happened in April 2021 where a classic Elliot Wave (EW) 5-wave impulse was completed. After 5 wave up (impulse) we get 3 wave down (correction) based on the Elliot Wave Principle. Here is the chart: In November 2021 Bitcoin went on to produce a higher high compared to April […]