Coin-Turk 14 minutes ago
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Renowned crypto analyst and trader Bluntz indicates that cryptocurrency prices are nearing their peak. In a recent statement to his followers on the social media platform X, he expressed concerns about the market approaching its summit.
Bluntz’s Application of the Elliott Wave Theory
In his analyses of Bitcoin (BTC ($103,209.46)) 
$103,903, Bluntz frequently employs the Elliott Wave theory. This theory posits that the price movements of an asset follow a five-wave pattern, with corrections occurring in a three-wave model. Bluntz believes that Bitcoin is on the verge of completing the final wave of its upward trend according to this theory.
The analyst suggests that Bitcoin has completed the last wave of a five-wave upward trend that has persisted for months, leading to a high likelihood of a correction. This scenario could potentially result in a short-term depreciation …
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