See Bitcoin’s 2020 Play-By-Play + What To Expect Next

by ForexCycle.com | November 24, 2020 10:58 pm
If you’ve been following the cryptocurrency headlines lately, then you know Bitcoin is now within striking distance of taking out it’s all-time high from 3 years ago. But going back to early 2020, specifically mid-March, the possibility...

Bitcoin Extended Higher From Blue Box

by elliottwave-forecast.com | August 4, 2020 4:32 pm
In this blog, we are going to take a look at the Elliott Wave chart of Bitcoin (BTC/USD). The 1 hour London chart update from July 28 shows that the cryptocurrency ended wave ((iii)) at 11417.11 high. ...

Bitcoin Entered Wave Four And Offered Buying Opportunity

by elliottwave-forecast.com | July 30, 2020 4:08 pm
In this technical blog, we are going to take a look at the past performance of the 1 hour Elliott wave charts of Bitcoin ticker symbol: $BTCUSD. In which, the rally from June 27, 2020 low ( $8830)...

Elliott Wave View: Bitcoin shows short term impulse up

by elliottwave-forecast.com | June 17, 2020 3:25 pm
Bitcoin (BTC/USD) is currently correcting the cycle from 3.13.2020 low. The instrument has just ended cycle from 6.1.2020 high (10429) as a double three structure. Down from 6.1.2020 high, wave W ended at 9135 low. The bounce...

Outlook in Bitcoin after Halving

by elliottwave-forecast.com | May 13, 2020 7:00 pm
Retail investors may return to Bitcoin again after the digital currency completed the one-in-four year adjustment called halving. Halving provides less rewards to miners who run high-powered computers to solve complex mathematical puzzles in order to generate...

Elliott Wave View: Bitcoin Ending Diagonal in Progress

by elliottwave-forecast.com | May 7, 2020 5:02 pm
Rally in Bitcoin (BTCUSD) from April 16, 2020 low is unfolding as a 5 waves impulse Elliott Waves structure. Up from April 16 low, wave 1 ended at 7306.15 and pullback in wave 2 ended at 6757.75....

Elliott Wave View: Bitcoin Next Short Term Support Area

by elliottwave-forecast.com | February 14, 2020 3:28 pm
Short term Elliott wave view in Bitcoin (BTCUSD) suggests the rally from January 24, 2020 low has ended as a 5 waves impulse Elliott Wave structure. Up from January 24 low, wave ((i)) ended at 9570 and...

Bitcoin: “Is it too late to get in?” Get answers now.

by ForexCycle.com | February 13, 2020 3:29 am
Since December, Bitcoin and other cryptos have been on a silent tear. Silent, because you don’t hear about it in the news — yet. But if you’ve spotted the rally, you may be wondering, “Is it too late...