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Will Bitcoin finsih this bearish Elliot Wave Count

The overall Trend is still down, although it broke out of a major trend line to the upside
That could be bull trap, a lot of people bought that break, creating liquidity for short sellers

The whole move down since the All Time High, does not look finished

There are also a few bullish signs

The break happend after the major support at 30000 rejected sellers. You can see bullish price action and momentum that level

Bitcoin is in Correction Mode. It has to break the strong resistance at around 41000




Chart PatternsElliott WaveFibonacci RetracementpriceactionresistencesupportTrend Analysis

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