Bitcoin Elliott Wave Analysis: Leg down has started today
|Bitcoin Elliott Wave Technical Analysis and TradingLevels. Market Summary: Bitcoin is retesting supply at (30,000 Major TradingLevel TL3) as Wave (iv) of iii) of C of (2).
Crypto Market Summary: Crypto markets are still in sync with the Nasdaq stocks and today I compare Apple stock to Bitcoin. The first Elliott Wave Impulse structure is in place confirming the downwards direction.
Bitcoin Trading Strategy: Wave (iv) is completed and the first Impulse wave lower is underway. We are currently short and will look to add short positions on rallies and new lows.
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