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May 15, 2024

12 thoughts on “Bitcoin BTC Price News Today – Technical Analysis and Elliott Wave Analysis and Price Prediction!

  1. Id like it to go lower to buy more cheaper but also don't want it to break down too far as it will have a harder time getting back up. Cant have it both ways I guess so I will keep my bullish hat on for now and hope 19.4k holds, Thanks Buddy have a good afternoon πŸ™‚

  2. I don't know mate, hopefully we get some positive moves before the weekly close. If only so capo hasn't been right for 4 months 🀣

  3. Ben I have learned so much about EWs by just hearing You thinking since march, huge thanks.
    In the current situation, I (beginner) consider that we are still in fourth wave. The way I have counted the first wave would suggest, that the third wave was around 1.618 of the wave 1, from that I expect, that the first and fifth waves could be in 1:1 ratio or close to it. And the second wave was short and basically had no width, so I expect the fourth to have basically no height and large to the width. There might be also kind of triangle in it, but it's so messy for me. Anyway, I expect the fifth wave yet to come, together with RSI bottom and then hopefully some recovery up (which would be probably again never ending mess).

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