Elliott wave analysis of the market for October 30, 2026 BTCUSD
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This was facilitated by news of a hack on the major exchange Binance, but this event fits very well into the wave pattern under consideration.
Buyers will now begin working to recover the lost positions, which may take some time. In the meantime, repeated attempts at further declines are possible.
For this reason, it is not advisable to consider trading the current asset yet. It is better to wait until the storm caused by the hack subsides.
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