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Bitcoin Elliott Wave analysis: Prepare for the next drop [Video]

Bitcoin Elliott Wave analysis: Prepare for the next drop [Video]
Peter MathersPeter MathersTradingLounge

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. 

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.

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