Bitcoin / TetherUS
Long

BITCOIN: 28 APR, 2024

142
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M


The broader context suggests that the 4-red wave has concluded, and the 5-red wave may be poised to resume and push higher.
In the short term, the outlook indicates that the (i)-purple wave has recently completed, and the (ii)-purple wave unfolded as an Expanded Flat correction, which has just ended. Pushing prices above 65297.94 will refresh and reinforce confidence in this bullish outlook.

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