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💰 BTC/USDT 4H
In the previous analysis, we mentioned the formation of 3 impulsive Elliott waves, each with its respective correction.
Today, the price has validated the second of these impulsive waves and is now immersed in the second correction, which could extend a little further.
📉 Why were we expecting this drop?
If we look at the CME futures chart, we see that the price always returns to close the gaps. This historical pattern was a clear signal that a correction was imminent.
🔄 Correction is not weakness. It is opportunity.
After this corrective phase, everything indicates that Bitcoin will regain its bullish momentum, and with it, some of the strongest altcoins will also take off.
⏳ Patience pays off.
📈 The cycle still has much to offer.