Has Bitcoin's UPTREND Started?




Bitcoin has seen a strong move to the upside with a higher low. This appears to be the start of an upward trend… but is it? We examine the facts and probabilties in this video.

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About the Author: Alessio Rastani

32 Comments

  1. I think it does not need wave 5 in this case, if the market were going to be bullish it only need 3 waves pattern in its retracement…. But if wave 5 there, it could be there is another downside or bearish continuation

  2. I'm a beginning trader (About 1 year from no experience at all) and I've been confused about what Bitcoin has been doing. Mostly because I also don't believe we have found the true bottom quite yet but, have been seeing a lot of bullish confirmations. I wasn't aware of this type of wave 4 in the Elliot Wave Theory that you explained to us. You've helped me greatly with this video Alessio, thank you, sir! Now I understand what's going on with Bitcoin and the odd behavior that's been showing in the charts. I am going to study up on EWT more in-depth as I agree with you 100% Alessio and would love to have the skills to recognize all the different patterns in the charts as you do. Thanks again, have a great day!

  3. Thanks for information, the beautiful scenery just confirms that the U.S has the worst roads in the world. Richest nation with crumbling infrastructure all around us.

  4. Bitcoin has again shot past $4,000 per bitcoin, giving fresh hope after been stuck in a bear market for over a year—the second weekend in a row the bitcoin price has rallied. The bitcoin price has struggled to break out of its long-running bear market so far this year, with investors and traders desperately trying to call a bottom to the tumbling market. But right now it may seem a false alarm since the price has tumbled below $3,900 again. Well, a careful study shows this is only temporary as bitcoin is poised for a steady uphill move. What this means is there is no better time to accumulate bitcoins than now. What do you do after buying? One school of thought says to hold onto for maybe 10 years and cash out when the value moons but that is risky in all ramifications. The safest thing to do so as to take full advantage of the crypto era is to buy as much as possible and then trade to increase your holdings which you would have to use a whole lot of money to acquire if you where strictly a hodler. Find a system that works and after testing, either as strategies or signals, be disciplined enough to stick with it. If you haven’t heard of Mr Mark Hall, i’d be surprised because he has one of the best systems of patterns and signals for trading. He actually taught me most of what i know and i made my first $100,000 using his system in just over 1 year. You can mail Mark on markhall279@gmailcom if you need some help and have questions about being a consistently profitable trader

  5. I can't wait to see when those green signals finish firing green. I'm curious if the next round will be firing red for that Wave 5 to start. Do you think that would be enough to do it?

  6. I don't think we will break the 200 weekly moving average and we will continue trading between 3,350-4k for the next couple of weeks to months

  7. Bottom is in! Yes it'll go up to 5kish and we'll come down to 3ks to test… But, bottom is in and no new lows. This is consolidation before the next bullrun. The market is so tiny it'll have a bullrun much sooner than ppl think

  8. Thanks for letting us know about what the Elliot Wave was doing in last video and this video too. Love your information! Trading is impossible right now unless you are s professional. Can you explain where to start the 1 -4 and the a,b,c.

  9. Wow you called it to not get too excited, with the slight bitcoin dump that happened just after this. Nice work.

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