Technical Analysis Elliott Wave Strategies: Bitcoin [Video]

view original post

Bitcoin Technical Analysis Elliott Wave Strategies.

Simply put, if Bitcoin moves above 50,000 then we can look at the long trade setups, however, currently the 50k has been re-tested on lower volume, so more downside is likely.

Today I take a look at the weekly volume to help confirm the price action and a quick look at the bitcoin miners as they are close to have lows in place.

[embedded content]