Bitcoin Elliott Wave Theory suggests BTC price can drop to $25.5

Bitcoin / US Dollar (calculated by TradingView) BINANCE:BTCUSD

gibsonlookey

The bearish outlook by the Elliot Wave Theory appeared as Bitcoin tumbled below $35,000.

The ongoing Bitcoin ( BTC ) price correction could continue as per almost a century-old technical analysis principle called “Elliott Wave Theory.”

The interim bearish outlook put forth by the Elliot Wave Theory appeared as Bitcoin tumbled below $35,000 amid the Russia-Ukraine conflict.

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