Technical analysis by traderbuken about Symbol BTC: Buy recommendation (12/3/2021)

bitcoin The 5-wave Elliot impulse wave, which has been in effect since October 2020, has not yet completed its third rising wave. This wave will reach levels of 103k, and then I think the 55-53k range will play a support role in the fourth downward wave. At the end of the fifth upward wave, I think we will enter a bear market with a lot of decline.