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....
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...
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...
By Elliott Wave International At 1:53 AM on January 10, Tesla founder and a frequent social media pot-stirrer, Elon Musk, tweeted, “Bitcoin is ‘NOT’ my safe word,” only to add a wink face emoji five minutes later....
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...
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...
By Elliott Wave International As the winter holidays draw near, many of us will fall victim to the affliction we call “S.N.O.M.O.” — the Sudden Need of More Objects (to own, play with… and eventually, store in...
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...
The capitalization of the Bitcoin cryptocurrency futures market of CME Group has decreased by 2%. The total capitalization of the derivatives markets at BTC/USD was $156 million. A slight decrease in investors’ blocked positions of less than...
The nearest support area is 30% of sellers (2930.52-2046.24). The closest long-term goal of improvement is the zone of 20% of sellers (5842.56-5263.20). The next zone of resistance is the zone of 10% of sellers (8764.91-8754.59). The...