Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says

2023-2-24 13:22

In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other two mark partial retracements within the primary trend. Bitcoin's year-to-date rally seems to be a retracement wave ahead of the final leg lower, QCP Capital said. origin »

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Bitcoin On the Cusp of Facing Another Wave of Intense Selling: Analyst

Bitcoin has faced some intense selling pressure throughout the past 48 hours, with bears stepping up and trying to reverse the cryptocurrency’s recent strength They have been continuously targeting $30,000, with the crypto tapping this level on a few occasions before rocketing higher Its rally has so far been somewhat weak, and reversed nearly the instant that the crypto moved past $36,000 This is a grave sign that points to some underlying weakness amongst bulls […]

2021-1-13 21:00


Shock & Awe: Bitcoin Losing Momentum Could Result in Elliot Wave Correction to $1,000

There’s no denying that Bitcoin is at a critical junction, either ready to fall deeper into a downtrend or explode into a new bull rally driven by pre-halving hype and speculation. Losing momentum here, according to one crypto analyst, would almost certainly lead to an Elliot Wave Theory C-wave that would take the cryptocurrency further... The post appeared first on NewsBTC.

2020-1-24 19:05


Binance Research: Altcoins record significant gains against BTC; commoners finally catching up to the king?

With Bitcoin [BTC] riding a massive bullish wave, breaking resistance after resistance, you would be forgiven if you turned a blind eye to the performance of the altcoins. The massive BTC price rally shrank the altcoin market to under 40 percent at one point, but now it looks like the king coin may face stiff […] The post Binance Research: Altcoins record significant gains against BTC; commoners finally catching up to the king? appeared first on AMBCrypto.

2019-5-22 16:30


Crypto Investor: Bitcoin May Retest $20,000 With Next Wave Of Adoption

Since Bitcoin (BTC) breached the monumental $20,000 price milestone and subsequently crashed, crypto investors en-masse have sought to determine when the asset would retest five-digits. While an array of crypto pundits have speculated, throwing their zany predictions into the crockpot that is Twitter, the date of the next parabolic rally’s commencement is still elusive.

2019-1-21 21:00


Bitcoin [BTC] price is driven by a “very strong wave”, says investment firm CEO

Kin-Wai Lau, the CEO at Fatfish Internet Group, a venture investment firm, said that we might be seeing a second wave rally for Bitcoin [BTC] currently. He also spoke about the approval of an Exchange-Traded Fund [ETF] for the currency by the United States Securities and Exchanges Commissions, and general worldwide regulatory atmospheres. Notably, Fatfish […]

2018-8-1 05:36