IndiaCharts

BitCoin

Wave B - completed as a Flat as originally thought and the rising line broke during the day so wave C of larger degree down should have started and we are heading to 8800 or lower if wave C extends to a higher than equality fibonacci ratio. Does the popping of the Bitcoin boom for now have an impact on other asset classes like equities is to be seen. But even more are the rising yields finally hurting Bitcoin speculators that borrow money to buy Bitcoin? We will only know all that in hindsight. The trend is down for now.

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