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...

Bitcoin’s All-Time High Foretold Before U.S. ETF Launch

by ForexCycle.com | November 7, 2021 11:36 am
By Elliott Wave International On Oct. 20, Bitcoin climbed to a new all-time high above $66,000 — quite a rebound from its price level just below $30,000 as recently as July. At that time, the sentiment was...

Bitcoin ( $BTCUSD ) Calling The Decline After 3 Waves Recovery

by elliottwave-forecast.com | September 28, 2021 4:28 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Bitcoin ($BTCUSD ) published in members area of the Elliottwave-Forecast . As our members know, we have...