Bitcoin Failed At The Equal Legs Area

by elliottwave-forecast.com | November 16, 2022 4:30 pm
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...

Bitcoin Reacting Lower From Elliott Wave Blue Box Area

by elliottwave-forecast.com | September 28, 2022 3:25 pm
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....

Who (or What) Is Really in Charge of Bitcoin’s Price Swings?

by ForexCycle.com | June 25, 2022 7:29 am
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...

Is Bitcoin Headed to Zero?

by ForexCycle.com | May 12, 2022 1:29 am
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...

What to Make of the Bullish Resilience of Bitcoin

by ForexCycle.com | April 10, 2022 1:51 pm
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 ForexCycle.com | March 14, 2022 11:11 pm
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...