Bitcoin Failed At The Equal Legs Area
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of Bitcoin. In which, the decline from 15 August 2022 high ended 5 waves in an impulse sequence and showed...
Tag: Bitcoin
Bitcoin Reacting Lower From Elliott Wave Blue Box Area
In this technical blog, we will look at the past performance of 1-hour Elliott Wave Charts of Bitcoin. In which, the decline from 15 August 2022 high is unfolding as a nest and showed a lower low sequence....
Big Bitcoin Bets Burn This Firm: What’s Next for the Cryptocurrency?
By Elliott Wave International Big bets on a hot financial market can be rewarding, but you know the flip side. These sizzling markets can just as quickly severely punish because they have a way of cooling off...
Who (or What) Is Really in Charge of Bitcoin’s Price Swings?
By Elliott Wave International I’m not ashamed to admit I have the technological intelligence of an Eggo waffle. So, when my computer bugged out the other day, I called the IT department at work. The tech wizard...
Bitcoin ( BTCUSD ) Incomplete Bearish Sequences Calling The Decline
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of BTCUSD published in members area of the website. As our members know we have had a lot...
Is Bitcoin Headed to Zero?
By Elliott Wave International Charlie Munger is Berkshire Hathaway’s co-chairman, and on April 30 at the firm’s shareholder meeting, he said: [Bitcoin] is stupid because it’s very likely to go to zero. Berkshire Hathaway chairman Warren Buffet...
Bitcoin ( BTCUSD ) Forecasting The Decline After Elliott Wave Double Three Pattern
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of BTCUSD published in members area of the website. Recently Bitcoin made recovery against the 69097.5 peak that...
What to Make of the Bullish Resilience of Bitcoin
By Elliott Wave International Every time an obituary is written for Bitcoin, the granddaddy of cryptocurrencies manages to resurrect. As a Jan. 25 CNBC headline noted: Investors fear ‘crypto winter’ is coming as bitcoin falls 50% from...
Bitcoin Jumps 9%: Is This Executive Order the Reason?
By Elliott Wave International Bitcoin and other cryptocurrencies surged higher on March 9. CNBC provided this explanation (March 9): Bitcoin and other cryptocurrencies were higher on [March 9] after President Joe Biden announced his highly anticipated executive...
Bitcoin ( BTCUSD ) Elliott Wave: Forecasting The Path & Selling The Rallies
Hello fellow traders. Another instrument that has given us trading setup lately is BTCUSD. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Bitcoin. As our members know the...