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...

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 Elliott Wave Analysis Looking for Short Term Recovery

by elliottwave-forecast.com | March 27, 2018 6:03 pm
Bitcoin Elliott Wave Analysis in the short term is showing an interesting corrective structure suggesting a recover to take place after it finishes the current move. The digital instrument is correcting the cycle from 03/18 low in 3...

Elliott Wave Analysis: Calling the low in place in Bitcoin

by elliottwave-forecast.com | February 13, 2018 11:38 am
Bitcoin ticker symbol: ( BTCUSD ) Short Term Elliott Wave view suggests that the decline from December 17.2017 peak to February 05.2018 low (5920.72) ended the Super Cycle wave “(b)” lower. Above from there, the rally is unfolding as a leading diagonal Elliott Wave structure. Where...

Bitcoin’s $10,000 “Line in the Sand”

by ForexCycle.com | February 1, 2018 2:20 am
By Elliott Wave International On January 23, Bitcoin fell below $10,000. That’s the second time in recent days that prices dipped below this psychologically important threshold. The headlines picked up on the drama: “Bitcoin tumbles below $10,000...

Bitcoin crashes below $10,000. What’s next? We have answers…

by ForexCycle.com | January 18, 2018 3:08 am
“Wild” doesn’t begin to describe Bitcoin’s price action. Less than 12 months ago, it traded as low as $1,200. By early December, it hit a high of $19,891 – and on the CBOE, Bitcoin futures topped $20,000....

Bitcoin: Technical and Psychological Perspective

by elliottwave-forecast.com | January 5, 2018 3:37 pm
Hello fellow traders, in this blog post, we will discuss the most hyped cryptocurrency Bitcoin in a technical as well as psychological perspective. From the zero line, we are calling bitcoin completed in the super cycle blue wave (a)...

“I Wouldn’t Touch Bitcoin, Risk of Collapse Too Big”

by ForexCycle.com | December 23, 2017 12:16 pm
By Elliott Wave International “Wild” doesn’t begin to describe Bitcoin’s price action. This spring, it traded as low as $1200. Last week, BTC futures topped $20,000. Yesterday (December 21), in an article by newsmax.com, Elliott Prechter warned...

Bitcoin: Here’s Why the Push Above $20,000 Was in the Cards

by ForexCycle.com | December 21, 2017 10:19 am
By Elliott Wave International Now You Can Get Bitcoin Updates Daily and Even During the Day — and Get in Front of the Waves EWI’s FX analysts now provide cryptocurrency coverage. Now, investors who follow and trade...