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Featured Analyst: Bitcoin price likely to correct ahead of next rally A well-known analyst with the nickname Bluntz has predicted that Bitcoin (BTC) may face a price correction before continuing its upward trend. The analyst, who uses Elliott Wave Theory, believes that Bitcoin's recent 15% rise from the October low of $59,000 occurred in a five-wave pattern. He expects a three-wave correction to occur around $62,000. Bluntz predicts this potential correction will occur during this week, with a real attempt to break the resistance next week. / source
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997 $DEGEN for you
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