Why this bitcoin move will shock everyone in 2024 | Robert Prechter. Bitcoin has rallied strongly in the past couple of months. But will bitcoin reach all-time highs near 69K or will it crash into a bear market? We ask analyst Bob Prechter about the long term path for bitcoin and the likelihood of a bear market. Bob reveals an interesting correlation between bitcoin and stock markets that has significance for market psychology. We also discuss the potential wave counts on bitcoin for this year and 2024. #bitcoin #btc #alessiorastani
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Trading has large potential rewards and also large potential risks. You must be aware of the risks and be willing to accept them. Don’t trade with money you can’t afford to lose. We are neither an investment advisory service nor an investment advisor. Data and information provided are solely for educational purposes. Nothing in this channel, videos and the information provided in it should be construed as a recommendation to buy or sell stocks, ETFs, futures, indices, forex, cryptocurrencies, commodities or any market. The past performance of any trading system or methodology is not necessarily indicative of future results. Current analysis can change due to future market events. Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated, therefore anyone considering it should be prepared to lose their entire investment.
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Bitcoin is so hard to count, and it's great to have the alternative view to keep us grounded thank you. It'll be interesting to see how it plays particularly as CZ is now out and Blackrock in
So bitcoin doubled bottom already on schedule, phase 1 on schedule entering next phase only to go back to 6k , sure we'll wait for the miracle
You should have not published this video. Bookmark my comment and review it in one year time…
No way. Tether is printing not because it's a scam, but BC global liquidity is rising. Central banks print and hedge funds buy tether. We goin up
How does this trading stuff work? Am interested but I just don't know how it go about it. I heard people really making it huge trading
this person just lost a lot of credibility with this analysis
What a clown thinks he know everything that old doomthinker
I LOVE this conversation and insight!!
Incorrect again
2024 will be a year of hurt for bitcoin…..loud and clear….And Alessio, do you agree with Bob on this view?
I hope you'll bring him on after all of his predictions be proven wrong
There will not be “another” coin – you only create fire once
I have more confidence in another Bob's analysis. Bob Loukas
Everyone bullish in the comment section, huge warning imo
You are the best Alessio! I really appreciate you and what you do with this channel. My family thanks you!
Thank you Alessio. My favorite two analysts. RP and AR
Nice video! I still have problems with no alternation between wave 2 and 4. Makes me think Bitcoin has done several 1-2's and that we are in the beginning of the first bigger wave 3.
Elliot wave your money 👋 goodbye