BITCOIN: *INCOMING* SHOCKING NEW TARGETS! | Elliott Wave Technical Analysis & Price Prediction

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In this video, we dive deeper into the Elliott Wave Theory and the Elliott Wave counts for #Bitcoin. $BTC is currently trading on low volume, and the Elliott Wave Theory is also not doing us justice for finding a proper direction, as we are now resorted down to two diagonal variations of either a leading or ending diagonal depending if you are a bull or bear!

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Financial Disclaimer:

The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice. I am not a financial advisor, and you should consult with a qualified professional before making any investment decisions.

Any investment carries risks, and past performance is not indicative of future results. The opinions expressed in this video are solely my own and do not necessarily reflect the views of any companies or organizations mentioned.

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Chapters:

00:00 Primary Idea #1 - Diagonal (In Progress)
02:46 Primary Idea #2 - Impulse (Extremely Bullish)

06:08 Bearish Idea #1 - One More Low (Unlikely)
08:14 Bearish Idea #2 - Distribution Before Lower (Maybe)

09:33 Shorter Timeframe Analysis

#btc #btcusd #cryptocurrency #cryptonews #altcoin #altcoins #xrp #xrpnews
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Great analysis; I'd say the best on YouTube. I personally think we're in the midst of wave 3 that'll take us past all time highs before a wave 4, then 5. New all time high within 2-3 weeks.

Xwhodatmikemula
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u organize it so better than other wavers. thx

PuetroForever
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Well done. Thank you. Of course, we're hoping for the more bullish case.

nw
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can you draw how you expect price ro move after what you have drawn in scenario 1 . From december onward.

rufio
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Can you please look at the DXY and also the nasdaq and s&p 500 please? Dxy looks bottoming. Stocks look like they are in the sky.

dcahodl
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I'm just getting into crypto and feel overwhelmed, but after learning about its progress, I'm eager to start investing, and hope to find a good mentor

michaelthompson
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Select alts will pump if we're bullish 👀

hitokiribattousai
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I think one more sweep down and boom 💥 bears rekt.

dcahodl
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Unexpected downside in route I believe.

AteamDavid
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A very serious question: from where you have the leading expanding diagonal rules at 10:45?? I can not find such rule, that wave 1 has no wave relationship. it would be great if you can provide some informations and sources of the rules of such expanding diagonals. Thanks in advance 🙏

johannescalan