“Although the dip to $56,500 may have completed the correction, I still expect to see a price of $52-55,000 before wave 4 completes,” Glover said, referring to the Elliot Wave theory, a technical analysis that assumes that asset prices move in repetitive wave patterns.
Related posts
-
XRP Price On Its Way To $10 In Only 3 Months If It Follows This Pattern
Este artículo también está disponible en español. The XRP price has continued its steep correction into... -
Metaplanet makes largest Bitcoin bet, acquires nearly 620 BTC
Tokyo-listed Metaplanet has purchased another 9.5 billion yen ($60.6 million) worth of Bitcoin, pushing its holdings... -
Latam Insights: El Salvador’s IMF Bitcoin-Braking Deal and Argentina’s Cyberspace Crypto Patrol
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin...