Bitcoin rolling over now [Video]

Peter Mathers TradingLounge

Crypto Bitcoin BTCUSD Technical Analysis Elliott Wave Forecast.

Bitcoin Overview: Bitcoin can now have a top in place and we now also have the first Impulse wave lower, a breach of 46,500 would confirm this.

Technical Analysis Bitcoin:Upside target is 51,100 the 61.8% retracement level as the resistance.

Bitcoin Elliott Wave: Wave (i) or (a) downwards.

Trading Levels Bitcoin: 50,000 Major Trading Level with Minor Group 1 53K and Group2 below 48000|4772|46500 as support.

Bitcoin Trading Strategy: Short.

00:00 Elliott Wave Analysis.

00:01 Bitcoin Elliott Wave Analysis.

03:40 Thank you for watching Bitcoin Elliott Wave Analysis.

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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