Bitcoin has been trending upwards since April 12. Under my Elliott wave model price is bound to finish wave (5) either in 8600+ area (main scenario) or just above 9000. I will update the chart as soon as there is a reversal signal.
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Approaching the target:
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This may be the last wave to complete the target
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Tragets hit, bearish divergence pattern is complete.
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Altcoins are forming continuation patterns across the board. Pay attentionto IOTA, Ripple & ZEC: