Bitcoin has lost about 50% from its all-time high. Structurally, this sell-off on the daily chart can be classified as an ABC movement. After an A-wave, a B-wave upward is the normal progression within a correction. This does not mean it has to start immediately.
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Bitcoin has lost about 50% from its all-time high. Structurally, this sell-off on the daily chart can be classified as an ABC movement. After an A-wave, a B-wave upward is the normal progression within a correction. This does not mean it has to start immediately.