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Pullback in wave 4 is proposed complete at 8407. Bitcoin still needs to break above wave 3 at 9485.26 to avoid a double correction. Wave 5 remains in progress as an ending diagonal. Ending diagonal is.

Weekly Forex Forecast for EURUSD, GBPUSD, NZDUSD, XAUUSD, BTCUSD (May 11 – 15, 2020)The sideways price trend is bad luck for Bitcoin. In recent years, the tug of war games between bears and bulls almost.

Traders now watch potential resistance on the S&P 500 as Trump speaks of holding China responsible for coronavirus.