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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    https://cryptodaily.co.uk/2022/08/bitcoin-hodlers-holding-strong-but-no-new-demand-yet

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    36 Comments

    1. I also see a possibility that we’re still in the wave 2. We’ve seen the A (as on your chart), the 3 wave up was only the B (slightly overshooting) and now still see the 5 wave C down ending slightly below your A. And only after that we see the wave 3.

    2. Is it possible that we are in an acending triangle scenario – with 24200 the support (first peak on 20 July)? That would mean we have just broken out of that, which, provided there's a retest, could be even more bullish?

    3. Quick question. If you could kindly just look for 1 minute at AGLD 4h time frame and help me understand something form the elliot wave point of view.

      I understand that we have these waves up and down (to simplify here) and that we have consolidations (corrections)… but what would you say about an asset like AGLD on that 4h time frame? It looks (and there are many like that) that it's always sideways with occasional spikes up. How would you look at such assets from the elliot wave point of view? I'm not asking for a full video analysis but would just want to know how to approach a chart that is just seemingly moving sideways without end (unless there's something I'm missing so you could point it out for me).

      Thanks in advance.

    4. Excellent views! Though you are not counting the WXY in the bearish scenario correctly. The connector 'X' is a running flat in the middle. Maybe have a look again at a clean chart.

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