Bitcoin Price

Bull and Bear Scenarios in the Bitcoin Price on 22 April 2018

The general tone of the market is:

We have two possible cases of bull and bear scenarios.

Case 1
Bears – AB has finished and C is underway to $8,500 range minimum

Case 2
Bulls – One final wave up in an ascending triangle pattern, rallying to $9,200 to $9,300 range.

Long-Term Bias (6+ months) – Bullish
Medium Term Bias (Next Week) – Bullish
Short Term Bias (Today) – Neutral
Long Term Target Prediction – By 2019, $35,000+

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Bitcoin falls off at resistance as Binance is hacked again

Binance has been hacked again and its causing the price of bitcoin to fall as investors can’t withdraw from the troubled crypto-exchange.

After expecting the price to rebound and take off, its depressed again.

Regardless of the news out the fledgling industry, in this video Bitraged tells us why he thought the price could do exactly this, as it hit resistence and fell away after.

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Is this the Next Big Move in Bitcoin?

The bitcoin price has recently hit a bottom at $6000 and started to go up again.

Looking at what the Elliott Wave Theory – the best predictive method for Bitcoin and markets – tells us about Bitcoin’s next important move, Alessio discusses his ideas of what this market is going to do.

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The Nature Of Price Declines In Bitcoin. How To Spot The End Of The Parabolic Bull Market

In this video Parabolic Trav describes what to look out for to spot when the parabolic growth in the price of bitcoin could end. Watch this presentation to find out what has happened to the price previously during the epic 2017 bull run as price dipped by 20-40% or crashed to atleast 50%. Learn what to look out for that tells us that this parabolic trend is finally at its end and we should expect a long term consolidation or price to fall back down to earth’s atmosphere from its way to the moon.

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