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RE: 1/30/18 CRYPTO MORNING CALL: BITCOIN, ETHEREUM, LITECOIN + ALTS TECHNICAL ANALYSIS

in #bitcoin8 years ago

The market will be in this corrective phase for at least another month IMO. Bitcoin is simultaneously in two degrees (Primary and Intermediate) of A-B-C(=D=E) corrective Elliot waves. It could potentially continue this range-bound corrective behavior until late spring or early summer if the Primary corrects with an A-B-C-D-E triangle rather than just A-B-C.