Bitcoin: Just as predicted

Posted on February 28, 2022 by alphahorn

An ending expanding diagonal, followed by an impulsive move up and second wave pullback to complete the right shoulder of an inverse head and shoulders, followed by another impulsive move up to confirm the pattern. This is what bottoms typically look like. We still have a long way to go, but it’s a great start.

About alphahorn

I received an MBA from Columbia University’s Graduate School of Business in New York and am a Wall Street veteran. I’ve worked for a number of investment banks including Smith Barney and First Boston/C S First Boston in New York. Over the years, I have developed my own Proprietary Swing System and I combine that System with my own Elliott Wave Analysis to trade.
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