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...

Elliott Wave View: Bitcoin (BTCUSD) Near The End of 5 Waves Rally

by elliottwave-forecast.com | January 15, 2020 4:11 pm
Elliott Wave view on Bitcoin (BTCUSD) suggests the rally from December 18, 2019 low is unfolding as a 5 waves impulse Elliott Wave structure. In the 1 hour chart below, we can see wave ((iii)) of the impulse...

Bitcoin Elliott Wave View: Buying The Blue Box Area

by elliottwave-forecast.com | January 7, 2020 4:25 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of Bitcoin ticker symbol: $BTCUSD, which we presented to members at elliottwave-forecast.com. In which the rally from December...

Bitcoin Jumps Sharply by 23%. Is the Bear Market Over?

by elliottwave-forecast.com | April 2, 2019 7:02 pm
Today the price of Bitcoin suddenly jumped a massive 23% within 2 hours to reach the highest level in 4 months. The crypto-currency has also added over $14 billion to its market value in the last 24...