2019 Cryptocurrency (Elliott Wave): Christmas Update
Summary: Bitcoin remains in a bull market with an outlook to exceed the 2017 high. However, a price move below $5000 suggests Bitcoin is in a bear market, with price headed to break below the 2018 lows. The majority of Altcoins favour an...
exciting times ahead for bitcoin But we will have to see how this plays out. In the next few years I have a high certainty we will see some serious gains.we have basically only just crossed the zero line on the monthly momentum squeeze indicator. you could argue 14k was the pump But personally I don’t think she’s finished
I have a dream that one day bulls and bears will be able to come together as brothers and sisters to rip the benefits of Bitcoin, and that bears will not be judged by their actions but by the opportunities and order they bring to this market :D
Bitcoin is in a precarious situation as we enter into 2020. We are slowly edging closer to the bullish trend continued from 2015 which could prove questionable for the price as we enter the final stages of 2019. The whales are signalling that a move down to $5,500 is likely and this would push it below this long-term trend which may unleash chaos! However, as we...
2019 Cryptocurrency (Elliott Wave): Thanksgiving Update
From an Elliott Wave perspective, two scenarios are under consideration at this inflection point: a continuing Bull Scenario or a Bear Scenario.
In either scenario, the Elliott Wave model proposes a five wave structure, consisting of:...