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On February 14, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, attended the Munich Security Conference and delivered a speech and answered questions at the "China Session." When asked about Chinas role in resolving regional conflicts, particularly the Ukraine issue, Wang Yi stated that Chinas position is clear: all regional hotspots should seek political solutions through dialogue and consultation, and the same applies to the Ukraine issue. However, China is not a party to the conflict, and the decision-making power is not in Chinas hands. What we can do is to promote peace talks. We have dispatched special envoys to mediate and, through various channels, emphasized to all parties that a ceasefire should be implemented as soon as possible, and that everyone should return to the negotiating table.On February 14, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, attended the Munich Security Conference, delivered a speech at the "China Session," and answered questions from the audience. Wang Yi emphasized that the erroneous remarks by Japanese leaders on the Taiwan issue exposed Japans undying ambition to invade and colonize Taiwan and the lingering specter of reviving militarism. Japan launched its invasion of China and attacked Pearl Harbor under the pretext of a so-called "crisis and existential crisis." The lessons of history are still fresh and must be heeded. If Japan does not repent, it will inevitably repeat the same mistakes. Good people should be vigilant. First and foremost, the Japanese people must be reminded not to be blinded and coerced by far-right forces and extremist ideologies again. All peace-loving countries should also warn Japan: if it chooses to go back to its old ways, it will only lead to its own destruction.Joint statement from the UK, Switzerland, France, Germany, and the Netherlands: We and our partners will use all policy tools at our disposal to continue to hold Russia accountable.Joint statement from the UK, Switzerland, France, Germany, and the Netherlands: We further express our concern that Russia has not destroyed all of its chemical weapons.The United Kingdom, Sweden, France, Germany, and the Netherlands issued a joint statement regarding the death of Alexei Navalny.

Deep Dive into Bitcoin’s Elliott Wave Count

Jimmy Khan

Mar 02, 2023 15:35

微信截图_20230302114650.png

Additional Fifth Wave?

We discovered using the Elliott Wave Principle (EWP) for Bitcoin (BTC) two weeks ago that resistance is currently at $25.5K, in contrast to the more normal connection between the 5th wave and the first and third waves, which is frequently 0.618x the entire W-i+iii rise. 

Therefore, we can accept higher values and the achievement of our $27-28K goal zone as long as Bitcoin can maintain a price above $22.5K.


Bitcoin peaked at $25.3K the day after, exactly at the resistance, and fell to $22.8K over the weekend. Is the optimal goal of $27–28K still attainable—keep in mind that markets do not have to be perfect—then? Bitcoin is no exception to the trend of prolonged 5th waves in cryptocurrencies. In this scenario, as shown in Figure 1 below, the weekend drop represented a 62% retracement of the February rise.


As a result, we can set up in a beautiful green W-1, 2. We can allow for this configuration as long as the lows reached this weekend hold (thus, these lows can be used as a stop loss). To be confirmed, this option will need to break out above the February highs ($25,333) without falling below them. Then, we can anticipate a recovery that will, ideally, reach $31K+/-500.


The Bears are given a strong caution if Bitcoin descends below this weekend's low, which could lead to a drop to the red W-iv low. Below that, the possibility depicted in Figure 2 below becomes more probable.