Bitcoin-OIL Elliott Wave Analysis

BTC/OIL: We are still tracking a five-wave cycle within wave (C) of an (A)-(B)-(C) zig-zag correction. As you can see, it still looks to be in wave 4 of (C), ideally it's finishing a bearish triangle pattern. So, watch out for that final 5th wave of (C) decline, sell-off or maybe even spike.
BTC/OIL Daily Elliott Wave Analysis

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