Bitcoin BTC Price News Today – Technical Analysis and Elliott Wave Analysis and Price Prediction! In this video I talk about the Bitcoin BTC Cryptocurrency price and carry out a technical analysis. I also talk about my Bitcoin Elliott Wave count and discuss where the price could be going next.

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    22 Comments

    1. Could you please make a new video about Rune? Iā€™m waiting for it from 2 weeks šŸ˜ž
      Thank you very much for your precious work Ben!! I really appreciate your efforts to share your knowledge with us šŸ™‚

    2. I placed many buy limit orders today in the event lower price targets are reached, for BTC, SOL, and APE. We could possibly have an exciting opportunity ahead, so it helps to be prepared.

    3. I totally agree with what you are saying….The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 15.6 BTC in just three weeks, with the trading strategy given to me by expert trader Collins Dhana.

    4. Do you think that the wave-1 could have been over at 38530…….because then the wave-2 almost made it upto the 0.5% retracement till 43000. And now we could be riding the wave-3 which is why it is coming down so impulsively…………kindly discuss it in the next video if this scenerio could be true or not.

    5. Plz … Stop talking about that 42.000 46.000 .. look over window .. all world is going in bear market .. I still like you .. just cancel up scenario and concentrate on data 4 hours 1day chart … It's more interesting for traders .. plz … All the best you doing good job .

    6. Could it be a wave C ending diagonal? (Wave 1 from wave B end, $70k to $33k, then wave 2 to $48k (0.5 fib retracement), now in wave 3 down)? Maybe that's what one person was talking about "being in a channel". But i guess too early to tell, we only have 1 touch point down and 1 up… Just an idea i saw before.

    7. Morning Ben, thank you as always for the excellent updates. Could it be possible that we are still in, or have now just completed Wave 3 of the higher degree Wave 5 to the downside (4 & 5 to follow to complete the final wave 5) to get us to your target area?

    8. The channel begins on May 21st for the top line and the 18th for the lower line. That is the break from the rising channel to the descending channel. Also you didn't adjust the bottom line to the low of the latest price action and assume it is breaking out – but it isn't. The latest price action stopped exactly on the lower trend line. Probably you still want three touch points but you have to give some weight to breaking out on the top and then breaking out on the bottom –> your wedge is widening already. But if you insist on three touch-points on the bottom and top then you will have to be patient because the 3rd should come but by around May 16 the channel will be finished. But by then you are at the bottom and ready for an uptrend according to the 2018 fractal. You always say that a coin behaves the same way as it did in the past. šŸ˜‰ and so far it is. Accordingly the price action will move back into the "wedge" today and travel back to the upper resistance line but not break out. Then it will travel back down and seemingly break out of your wedge again and perhaps then you can re-draw it as a channel.

    9. Interesting part of crypto trading psychology:
      How much more a 25% drop across my portfolio hurts, while a 25% rise induces only neutral to mildly positive emotions …
      šŸ¤Ŗ

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