#BTC = Daily Update = 10.01.2022 $BTC #Bitcoin #crypto #ElliottWave #Candlesticks

Whoever says that BTC formed a bottom, needs to zoom out and look at the weekly and monthly candles. They say only one thing – BTC is not done with moving down and every rally is likely to be fake until confirmed at least on the weekly frame.

Today’s daily candle apparently signals a continued move downwards. In about 4-8 hours, possibly longer, but I doubt it, BTC is going to reverse down towards $35-38k, as projected on the chart above which has been intact since January 3rd.

Follow @InvestingAngles – we can help to ride the waves.

The bigger picture was discussed yesterday in this video:

Bitcoin 2022 Forecast

Weekly Analyses

Good luck!

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