This analysis indicates that any price closing below $31K will show further drop. Final target would be $10-13K.
Most Elliotters think that the all-the high ($64K) of BitCoin is wave three of wave five, but I see it as wave B since the correction pattern of wave three is more likely to be irregular flat with failed wave C.
BTC has completed ending diagonal triangle pattern. The possible target this month would be $30-29 K
ChainLink: The surge to wave three is imminent..
Based on my T. A. I can see that the price correction of BitCoin will take place very soon, before reaching $30 K.
There is a time similarity between the return to the all-time high of 2013 and that of the all-time of 2017. The breakout of the all-time high of 2013 to the new all-time high of 2017 took 11 months. Therefore, if we add 11 months to November 2020 then the approximate time required to reach the next new all-time high (about $250,000) will be in Oct. 2021 or thereabout.
Bitcoin Cash looks great! But give it sometime.
This turtle currency "OCN" possibly has ended its correction. However, we need to see the price penetrates the price channel and surpasses $0.000455
Bitcoin price has up crossed the all-time high of Dec 2017. The bullish trend will continue higher and higher because it has several waves to complete. #BTC
1. Price rebound to above $14K this year after bitcoin halving in May, is unlikely. 2. Prices above $14 is likely to be seen in the year 2021, If we are lucky. 3. No jokes!
The DOW has finished Wave Thee. Technically, the most likely position of wave Four is between 16 and 17k.
As shown on the chart, Bitcoin price may approach $10,350 before the commencement of price reversal. Good luck
Based on wave analysis price reversal of Bitcoin is expected to commence this week or next. I'll ignore the wave count if the price reaches 10K, however, the trend is still bearish as shown on the chart.
The end of price correction of Bitcoin may be around $2400 and may coincide with its halving period.
This Bitcoin chart, yearly timeframe, indicates that the price bottoming may occur this year (2020) followed by a rebound in the same year. The rebound , however, is unlikely to up-cross the top of 2019. I would expect the beginning of the uptrend to be in the year 2021. Good luck for everybody.
Awaiting the end of wave 5 "Y". This will end the price correction unless a triple-three is going to be formed in the future.