Bitcoin Extends Pullback, But Longer-Term Uptrend Remains Intact

by ForexCycle.com | May 9, 2024 11:24 am
The BTCUSD cryptocurrency pair has extended its pullback from the 73,830 high, falling as low as 56,434 in recent trading sessions. Further near-term losses toward the 52,000 area appear possible as the correction unfolds. Consolidation Within Uptrend...

AI Cryptos: 2 Coins to Add to Your Watchlist

by ForexCycle.com | February 10, 2024 12:06 pm
Are AI cryptos here to stay? Elliott Wave International’s Crypto Pro Service editor, Tony Carrion, reveals two AI coins that he’s watching right now. He walks you through his wave count, key price levels, and details the...

Cryptos: Welcome to the “Lunatic Fringe”

by ForexCycle.com | July 19, 2022 8:52 am
By Elliott Wave International The bankruptcy of crypto broker Voyager Digital has been widely reported. Now, another crypto investment “bites the dust.” This time — it’s Three Arrows Capital (3AC) — a crypto hedge fund which went...

Polygon (MATICUSD) A Double Correction Is Under Way

by elliottwave-forecast.com | April 4, 2022 2:16 pm
Polygon (formerly Matic Network, MATICUSD) is a Layer 2 scaling solution backed by Binance and Coinbase. The project seeks to stimulate mass adoption of cryptocurrencies by resolving the problems of scalability on many blockchains. Polygon combines the Plasma...

Has Crypto-Mania Finally Run Its Course?

by ForexCycle.com | December 9, 2021 7:18 am
By Elliott Wave International When a company that’s part of a major financial trend buys the naming rights to a professional sports stadium or arena, watch out! History suggests that such a prominent move might be a...