Bitcoin and Litecoin Elliott Wave analysis: More weakness in view

BTCUSD is bearish since the price reached new ATH but only with three waves so ideally that was big wave B as part of a big flat or a triangle formation, with more weakness in view in the near future as rally from 43400 unfolded in three waves. A broken trendline will be another confirmation of further weakness.

Bitcoin 4h Elliott Wave analysis

Looking into Litecoin, Lower lows and lower highs is a nice and strong bearish trend that recently slowed down at 126.40…

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