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Tokenized gold drives weekend price signals while CME futures are closed Bitcoin to see tailwinds if AI prompts ‘easier monetary policy’: NYDIG Bitcoin is stuck in a rut but JPMorgan says new legislation could be the ultimate spark Bitcoin’s five-month slide: why BTC is set for worst losing streak since 2018
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Bitcoin mean algo reversion to 50% fibo. 50.9K inbound

Bitcoin mean algo reversion to 50% fibo. 50.9K inbound

Bitcoin mean algo reversion to 50% fibo. 50.9K inbound

Bitcoin mean algo reversion to 50% fibo. 50.9K inbound

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
GerardWalker


Bitcoin mean algo reversion to 50% fibo. 50.9K inbound

From n elliot standpoint price is moving sideways which shows a higher probability wave X formation with subsequent exit to 50.9k-51k USD confluent with mean algo.

Long idea below 40k USD with tight stop at the weekend low(aggressive stop) and for conservative stop the prior higher low(1 level below)

Cheers and good luck

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