Market Cap: $2,196,789,890,629
24h Vol: $67,381,212,672
Cryptocurrencies: 29444
Markets: 111553
Cryptocurrencies: 29444
Markets: 111553
Market Cap: $2,196,789,890,629     
24h Vol: $67,381,212,672
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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