BitcoinLong
BTCUSD Prediction using Elliott Waves
Predicting the movement of BTCUSD in the upcoming weeks using the Elliott Waves.
Please note that all diagrams and charts are only estimates.
Using the fundamental rules of Elliott Waves, we are able to predict that BTC will have a bull run that could potentially reach 70K, before retracing back.
The Elliott Waves have also helped predict that wave 4 which comes right after the bullish wave, will be considerably flat compared to the previous pullback. This means that the next pullback will not carry many buying opportunities with it.
News Catalysts and Panic selling have driven BTC to a key support level, which it should bounce off soon.
Thierry Hitti
Please note that all diagrams and charts are only estimates.
Using the fundamental rules of Elliott Waves, we are able to predict that BTC will have a bull run that could potentially reach 70K, before retracing back.
The Elliott Waves have also helped predict that wave 4 which comes right after the bullish wave, will be considerably flat compared to the previous pullback. This means that the next pullback will not carry many buying opportunities with it.
News Catalysts and Panic selling have driven BTC to a key support level, which it should bounce off soon.
Thierry Hitti
Disclaimer
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.
Disclaimer
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.