If we analyze Bitcoin solely based on its weekly chart with its symmetrical movement patterns, the result would be what you see in the image. The completion of wave b would be around $38,000, followed by a price retracement to the range of $8,500 to $11,000 to complete wave c. From that area, we can expect Bitcoin to grow again towards wave four and beyond, leading to the completion of a large wave five. This is a technical analysis of Bitcoin's chart for swing trading.
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