|

Bitcoin Elliott wave analysis [Video]

Bitcoin Technical Analysis Elliott Wave Forecast & Trading Strategies.

Bitcoin and Ethereum Technical Analysis Elliott Wave Overview: Ethereum to $5,000 Major TradingLevel 5 (TL5).
Bitcoin Technical Analysis Overview: Bullish above 65,000 and bullish corrective below $65,000.
Bitcoin Elliott Wave: (c) of ii) of 3 of (5).
Trading Levels Bitcoin: Support 65 Medium Level then Group2 66,500|67200|68,000.
Bitcoin Trading Strategy: Working a Classic Trading Levels pattern across 65,000 Medium Level (ML65).

Video Chapters:
00:00 Bitcoin Elliott Wave Analysis.
20:01  Ethereum prediction.
22:40 Thank you for watching Bitcoin Elliott Wave Analysis.

Trading Tip:
"Never, ever argue with your trading system."

Author

Peter Mathers

Peter Mathers

TradingLounge

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

More from Peter Mathers
Share:

Editor's Picks

Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party
Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.