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.

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wave rally qcp capital bitcoin primary trend

Источник: coindesk.com

wave rally → Результатов: 64


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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


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