Market Cap: $2,610,171,003,350
24h Vol: $87,548,483,393
Cryptocurrencies: 30042
Markets: 114264
Cryptocurrencies: 30042
Markets: 114264
Market Cap: $2,610,171,003,350     
24h Vol: $87,548,483,393
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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