Saturday 25 July 2020

Bitcoin annihilates short sellers - now what

Bitcoin annihilates short sellers,now what? Bitcoin appears to be breaking out of its sideways consolidation pattern by breaking above its downtrend line and channel. Video by Alessio Rastani.

Short sellers seem to be getting shaken out. What could this mean for bitcoin's wave count according to elliot wave theory? Could this be the start of the wave 5 higher? We look at the charts.