|

Bitcoin Elliott Wave: BTC bounce off $19,000 then down [Video]

Cryptocurrencies Bitcoin and Ethereum BTC-USD Elliott Wave Technical Analysis TradingLevels. Price Prediction Today.
Bitcoin USD price, analysis (live) charts, news videos. Learn about BTC Elliott Wave bitcoin cryptocurrency, crypto trading.

Bitcoin Headline News:Corrective rally - Sellers in control of Bitcoin as Hodlers hold on...
Crypto Market Summary Bitcoin Elliott Wave Analysis:  Wave (ii) corrective rally.
Bitcoin Trading Strategy: Expect a bounce off 19,000 and then down again.

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

DeFi Development Corp launches CHAD as first SOL-backed Digital Credit instrument

DeFi Development Corp. has launched CHAD, a variable-rate perpetual preferred stock backed by the company’s Solana (SOL) treasury strategy. DFDV stated that it closed an underwritten public offering of its Variable Rate Series C Perpetual Preferred Stock, generating approximately $11 million in gross proceeds.

Pi Network Price Forecast: PI rebound holds as momentum improves

Pi Network (PI) extends its recovery on Wednesday, trading above $0.098 after finding support around the 50-day EMA earlier this week. The rebound comes as the Pi Core Team highlights the importance of strengthening its developer ecosystem to expand application-level utility across the network.

Top 3 Price Prediction: BTC takes a breather, ETH and XRP maintain bullish footing

Bitcoin, Ethereum, and Ripple are trading with a broadly constructive tone on Wednesday despite BTC's mild pullback over the past two days. The Crypto King holds above $78,000; ETH and XRP remain strong above key Exponential Moving Averages, keeping their upside prospects intact.

Bitcoin remains highly sensitive to macro signals amid changing derivatives narrative
Bitcoin’s (BTC) sensitivity to US economic data has become increasingly evident this year. As the market approaches several important data dumps this week, BTC traders are keenly aware of the significance just like their counterparts in TradFi. And just like the stock market, crypto traders are focused squarely on the US central bank's interest rate policy.
Bitcoin: Gearing up for a sharp move
Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.