Elliott Wave analysis: Latest Bitcoin price forecast [Video]

Peter Mathers TradingLounge

Content Bitcoin BTC/USD.
Summary 28,000, 30,000 and 33,000 are the resistance levels that fit in the Elliott Wave count. The current move up is in line with the bear market rally Elliott wave count I have for the NASDAQ that is also looking for a top around the 13,000. I suggest trading to these levels and exit and wait for the next set up either long or short.
Elliott Wave I don't know if we are in a bullish market or a bear market rally, more price action required aboveand below the 30k level.
Strategy: Trade to 30,000 and exit long trade.

Author

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

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