Is Bitcoin’s Rally a Bear Trap? Elliott Wave Analysts Flag C-Wave Risk

TLDR: Analysts warn Bitcoin’s recent rally fits a corrective B-Wave structure, not a true bull market reversal.  A confirmed C-Wave decline could bring final capitulation, fading optimism, and lower lows for Bitcoin. Trader Daan Crypto notes bulls are defending prior lows, with a summer consolidation range still possible. The $60,000 level is now the critical [...]

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