Here s how Elliott wave analysis helps you prepare for cryptocurrency volatility
If there s a single word to describe bitcoin s price action, that word is volatile.
Yet, those who invested roughly a year ago in the cryptocurrency
and stuck with it have been hugely rewarded. (At least until very recently, as bitcoin traded more than 50% lower from its all-time high on May 19, as the price careened nearly 30% at one point on that day alone.)
Indeed, Elliott Wave International cryptocurrency analyst Tony Carrion provided a video update on bitcoin in the March 2020
Global Market Perspective, a monthly publication from Elliott Wave International which provides coverage of 50+ worldwide financial markets.