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Robinhood, the popular investment app known for its user-friendly trading interface, has announced the acquisition of the renowned cryptocurrency exchange Bitstamp for $200 million.
Riot Platforms, a major player in the Bitcoin mining industry, has recently set its sights on acquiring its competitor Bitfarms.
In recent days, the likelihood of an Ether ETF being approved has surged dramatically.
The Bitcoin price appears poised for further gains after breaking out of a flag pattern, a well-known continuation pattern in technical analysis.
GameStop’s stock has been on a wild rollercoaster ride, experiencing hundreds of percent gains followed by significant crashes.
The market is expecting interest rate cuts, which boosts the bitcoin price.
The purpose of x-waves is to connect two or three simple corrections. Together with the simple corrections, the x-wave/x-wave’s form a complex correction.
A running correction is a concept that is easy to understand. The problem is to be able to accept that these corrections form often on the currency market.
Elliott Wave has clear rules regarding price targets that must be met, but time is more important and is the secret to master the art of speculation.
The running correction, is, firstly, a correction. It means it refers to the two corrective waves in an impulsive move. These are the second and the fourth waves.
As a rule of thumb, a complex correction is formed of two or three corrective waves, connected by an intervening wave. This intervening wave plays the role of an x-wave. It connects the two or three corrections.
The most comprehensive simple correction is the flat pattern. Here is how Elliott split them further.
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