Market Cap: $2,684,739,922,049
24h Vol: $86,906,388,276
Cryptocurrencies: 30359
Markets: 109462
Cryptocurrencies: 30359
Markets: 109462
Market Cap: $2,684,739,922,049     
24h Vol: $86,906,388,276
Cryptela — Cryptocurrency News and Market Intelligence
CoinDesk 2023-02-23 10:22:01

Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says

Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says
In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other two mark partial retracements within the primary trend. Bitcoin's year-to-date rally seems to be a retracement wave ahead of the final leg lower, QCP Capital said.
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