Home Latest News Elliott Wave analysis: Good bye Bitcoin – FXStreet

Elliott Wave analysis: Good bye Bitcoin [Video] – FXStreet

Peter Mathers Peter Mathers
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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 BTC-USD Elliott Wave Technical Analysis TradingLevels.
Bitcoin Headline News:Corrective rally Thursday and then Friday and Monday bearish.
Crypto Market Summary Bitcoin Elliott Wave Analysis:  Wave i of (c) of  ii).
Bitcoin Trading Strategy: Short Wave i of (i) of iii) or the 50 – 62% retracement Fibonacci price zone.

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Cardano price has been repeating a fractal pattern, which has taken the form of a short rally up to tap liquidity, for several weeks now, however, due to exhaustion and deteriorating market conditions, the so-called “Ethereum-killer” is now taking a u-turn and not stopping until it encounters a stable support floor.
Bitcoin price has been on a rollercoaster ride since June 18. The most recent yet explosive run-up has hit targets mentioned in our previous publication. 
Shiba Inu price has been waiting to find a perfect support level for months after its recent explosive move. Despite undoing the gains of the last rally, SHIB has not reached a stable foothold.
ApeCoin price triggered an impressive rally over the last two weeks, which seems to have ended. The recent downswing in altcoins, including APE, is occurring due to Bitcoin’s sudden flip in bias from bullish to bearish. 
Bitcoin price has not only swept key swing lows, as noted in last week’s articles, but it has also reached its first recovery level target. While the recovery rally was as quick as it was a surprise, investors can hope for a minor retracement to get on the next leg-up.
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She has been writing columns on consumer gadgets for over 2 years now. Her areas of interest include smartphones, tablets, mobile operating systems and apps. She holds an M.C.S. degree from Texas A&M University.