Bitcoin BTC Price News Today – Technical Analysis and Elliott Wave Analysis and Price Prediction! In this video I talk about the Bitcoin BTC Cryptocurrency price and carry out a technical analysis. I also talk about my Bitcoin Elliott Wave count and discuss where the price could be going next.
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On the one hour chart the head and shoulder pattern has broken down to the downside and retest of the neckline has taken place which also has got rejected so we are going down now
Great stream, as always. On the other hand there are many ways of manipulating the market. I am glad as a small investor, that I am putting my hard earned savings into the most, better said the only transparent market there is day trading. Big Thanks to Adam Joel for helping me gain over 4BTC with his method lately>
Thx for the update Ben
Still bearish here for the time being. Thanks Buddy have a good evening
Daily looks bearish. Looks like BTC wants to form a double bottom, which would require a leg down. From there, we'll see if it rolls over or rallies again.
Thankyou for the update 🙂
Thanks a lot
Thank you 🙏
I'll go with you Ben I think we are gonna break out
📈My profit today is $4130 join💸👆
Thanks for the update!
I'd like to put an order in for one, 3.618 extension Please…lol 🚬
In the bearish scenario, does the wave 4 have to go to 23k?
It could go either way and I would not really care at this point. Smart money is also greedy money the (composite man) is there and will forever try to make you impatient. Impatience is the enemy.
I totally agree with the bearish option the bullish one is just hype boy stuff you got a little excited 😊 it's all good haha
Considering the macro is beyond f*cked, more lending liquidations ahead, cpi most likely coming in worse, I just can’t see a bullish scenario. But I’m sure you’re looking at it from a purely EW view and you’ve been proven to be right more often than wrong. I kinda want you to be wrong here lol. I need some more buys.
IMO BTC will hit a new bottom on July 13th. That date coincides with the June U.S. Consumer Price Index (CPI) being released, and if higher than expected, then watch out below! Also, the PI Crypto Bottom indicator crosses over that week indicating a new BTC bottom. Finally, USOIL price is creeping back up. Went from 101 to 109 in less than a week. Higher USOIL means higher CPI (inflation ain't receding!!).
In my humble opinion it's time to pull out of the crypto market at least temporarily fed will continue to raise interest rates supply chains are struggling to keep up stock market is hanging by a thread war in urkraine has no timeline and in coming months there will be food scarcity
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