Is Bitcoin confirming the Elliot Waves in the Daily timeframe?

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We are in a side range between 52 and 59k for 2 weeks. If we lose the 52k support we can have a dive down to 49-50k. Even a deeper fall to 42k, would NOT switch BTC to bearish sentiment.

Given the huge BTC performance, that should still be considered a normal correction.

Also, remember that the S2F has a projection of 100-140k.

Let's keep an eye on it.