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I’ve been getting Ledn CIO John Glover’s bitcoin price technical analyses by email for a while now. 

But I was finally able to catch up with him in person at the Digital Asset Summit.

Glover, ex-managing director at TD Securities and Barclays, uses Elliott Wave Theory — examining price patterns related to changes in investor sentiment and psychology — to predict BTC price. 

Essentially, the theory goes: A deeply liquid market will move in the main trend direction in five waves (three “motive” phases pushing price up, with two downward “corrective” phases in…

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