Bitcoin – Feb. 21, 2021
Bitcoin seems to be tracking the overall market (after all, everything else is moving in virtual lockstep). I don’t follow bitcoin, but I expect it to tank as the market does. The overall pattern is corrective.
Above is the 7 day chart of NYXBT. The pattern looks like a zigzag, which is corrective. It also now appears to be moving with the overall market. If so, we may see weakness over the next couple of weeks in a fourth wave and then one final wave to a new high.
Trader’s Gold is a daily premium market analysis subscription service that combines the Elliott Wave Principle with Cycles analysis to provide high probability predictions. For more info.
I personally believe this is simply the best charting program for avid traders, bar none. You can't beat the price and the support is extraordinary. For more info, click here.
We're in Canada. You can contact us by mail, email, or telephone.
Toll free: 1-877-752-2835
peter@worldcyclesinstitute.com
MORE INFO ... |
 |
 |
 |
 |
