$BTC Elliot Wave Forecast

Bitcoin is seeing a smaller scale fractal of the pattern that we saw from January to May of this year. We have broken down the EMA lines and now pushed back up into them, indicating a corrective wave. I am targeting 40k for this move, as that is an area of structure and a 50% retracement. Good Luck!
BTCUSDBTCUSDTcryptoTrend Analysis

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