Bitcoin continues to search for an ending to this 6 month corrective pattern as it slides along inside a pretty clearly defined corrective channel. For the ellioticians out there , this is what a complex combinations does and calling the end of it can have us all fooled many times over. As I was mentioning plenty of times before, a clear rise out of the channel would be the 1st indication that we have reached a termination point and be able to look back at a low. Until then we are still very close to it and prone to further weakness. However, we are starting to stretch quite a bit in time as we are reaching almost 100% equality with the rally to 14k from dec last year. Markets like balance, so maybe this will count. I have the present count as allowing for another leg lower in C of Z , after this abc flat completes . The nature of the rise will dictate the next possibilities . I continue to use deductive reasoning processes to come up with the best interpretations of what is likely to happen , and that is the best one can do. The wave principle teaches us to stay openminded and prepared for any outcome. The idea behind remains that we should see a good solid rise in the price of bitcoin upon completion of this 6 month wave correction. We are almost there.
See the links below for a lot more information and throughout the day updates on cryptos and other markets.
See the links below for a lot more information and throughout the day updates on cryptos and other markets.
Note
New video update on bitcoin has just been posted on my YT . see link below .Note
A brand new video was just posted on my YT channel , see the link below. Happy New Year !Note
A video update was just posted on my YT channel , see links below ! thank youNote
A longer term view video update, along with EW scenarios shorter term has been posted on YT . see link belowNote
A new weekly video update has just been posted on YT, check out the links belowNote
A new weekly video update has just been posted on YT, check out the links belowNote
A new weekly video update has just been posted on YT, check out the links belowNote
A new weekly video update has just been posted on YT, this one talks about longer term counts as well ! check out the links belowNote
New Weekly Bitcoin video update just posted on YT. links for it are below ! enjoyNote
New Weekly Bitcoin video was just updated on YT , link is below , enjoy !Note
New Weekly Bitcoin video was just updated on YT , link is below , enjoy !Note
New Weekly Bitcoin video was just updated on YT , link is below , enjoy !Note
New Weekly Bitcoin video was just updated on YT , link is below , enjoy !Note
New Weekly Bitcoin video was just updated on YT , link is below , enjoy !Note
New Weekly Bitcoin video was just updated on YT , link is below , enjoy !Note
You Tube weekly video ! Macro technical update , grab a coffee and let's look at the markets . youtu.be/HVlbNr6wQVYNote
How to use the Correlation Coefficient in Trading View Software youtu.be/4pgvPcQgN6gNote
New video , Bitcoin technical update ! youtu.be/6ONFdtRXLAcNote
New Weekly Bitcoin video was just updated on YT , link is below , enjoy ! youtu.be/W5ICUMqIdNMNote
New Public weekly video on BTC has been posted ! youtu.be/DBT0O7Hlcq0Note
Bitcoin technical update , public weekly you tube video ! youtu.be/tTV9H6gpMo0Note
#Bitcoin and coffee ! Elliot Wave Cafe updates. Sharing an insider video with the public, I had fun making this one ! btc, eth, gold, sp500 . youtu.be/igzGcte3H0cNote
Bitcoin technical update, free You Tube video ! youtu.be/sm-4C6KX4kINote
New Video - Why I am very bullish bitcoin ! youtu.be/RqH4UcVHd8ANote
New Video "How to develop a Trading Plan" youtu.be/phEwFHzjTQgNote
New Video " How to scan for a good trade " youtu.be/iL2KTp6jwnoNote
New Video " Bitcoin and Ethereum Elliott Wave analysis" youtu.be/zGA1-vhAWLMRelated publications
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.