Saturday 1 August 2020

Bitcoin's wave 5 hits our upside target

Bitcoin's wave 5 hits our upside target... now what? As bitcoin's recent rally continues to gather momentum, we have just reached a key level that we have been eyeing on bitcoin for several months. However, what happens once the wave 5 completes? Could we see a major correction or pullback in the bitcoin price? We discuss in this video the likely elliott wave counts. Video by Alessio Rastani.