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Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says

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  • Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says
Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says
cripto Feb 23
Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other two mark partial retracements within the primary trend. Bitcoin’s year-to-date rally seems to be a retracement wave ahead of the final leg lower, QCP Capital said.
Publish at: February 23, 2023 at 10:22AM
Tags: CoinDesk: Bitcoin Crypto News and Price Data Ethereum

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