Bitcoin Elliott Wave analysis: Prepare for the next drop [Video]
|Bitcoin Ethereum Cryptocurrency:BTC-USD Elliott Wave Technical Analysis and TradingLevels.
Crypto Market Summary: A bounce off 20,000, then down to 17,200 - 16,500 I also compare Bitcoin to the NASDAQ on the intraday and and daily chart> I also take a look at a possible large bearish count for the NASDAQ and what would this mean for Bitcoin and crypto?
Bitcoin Trading Strategy: Exit shorts at 20,000 Expect the price to bounce around Minor Group 2 and Group1.
TradingLounge™ Australian Financial Services Licence - AFSL 317817.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.