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Bitcoin Traders: What Were You Reading at Bitcoin $30,000 in June?

Over the past year, Bitcoin has rallied from ~$10,000 to ~$60,000+. That includes getting cut in half and then doubling again in the last six months. It's been a manic ride. How did you handle it? See what our Crypto Pro Service subscribers were reading in June.

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Will China s Crackdown Send Bitcoin s Price Tumbling? :: Elliott Wave International

Will China s Crackdown Send Bitcoin s Price Tumbling? :: Elliott Wave International
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Bitcoin: More Volatility Directly Ahead? :: The Market Oracle ::

Bitcoin: More Volatility Directly Ahead? :: The Market Oracle ::

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Bitcoin: More Volatility Directly Ahead?

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.

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Bitcoin: Let s Put 2 Heart-Pounding Price Drops into Perspective :: The Market Oracle ::

Here s what our preferred Elliott wave count said on Feb. 5, 2021 When financial historians discuss past manias, many of them point to the South Sea Company of the early 1700s as a classic example. The enthusiasm to buy a piece of the action was so great that even Sir Isaac Newton became in investor. He, along with many others, eventually lost big time when the South Sea Company Bubble burst. And, in late January, it looked like the modern-day mania surrounding the cryptocurrency Bitcoin had burst too, at least according to one major financial magazine (Forbes, Jan. 27). Here s the headline: Bitcoin Has Crashed. Is This The End?

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