QCP Capital Reports Bitcoin Remains Trapped in Bearish Elliott Wave Despite 47% Surge
Wave theory suggests that market trends unfold in five waves, three of which represent the primary trend and the other constitute partial retracements. Bitcoin’s year-to-date rally seems to be a retracement ahead of the final leg lower, the crypto trading firm said. Bitcoin’s (BTC) resurgence this year has some analysts convinced that the crypto bear … Read more
