SP500 Elliott Wave Analysis
SP500 Elliott Wave Theory in Action

04Apr

Bitcoin Churning into 30k should top with tech stocks next week during Q1 earnings...04 Apr 2023

Peter Mathers |04 Apr, 2023 | 0 Comments | Return|

Bitcoin Churning into 30k should top with tech stocks next week during Q1 earnings...04 Apr 2023

Bitcoin is slow churning below 30k, it can move higher in line with tech stocks and the target would be 32,000 in Elliott wave terms, that said technically speaking a top can be in place now, a move below 27,200 would help support the top. Either way the whole market is and has been grinding slowly higher and this is more like the sign of a top rather than a moon shot. Either way, the market is not going to move far from the 30k range that is above below 26500 - 32000 for the next week.
Elliott Wave (ii) of v) Bitcoin BTC/USD

You CAN REACH ME via:
LinkedIn: https://linkedin.com/in/petermathers
Facebook: https://www.facebook.com/tradinglounge/
Twitter: https://twitter.com/tradinglounge

TradingLounge gives you a great start.
https://tradinglounge.com/ABOUT

#Bitcoin  #Cryptocurrency #Price_analysis

Bitcoin is an open source peer-to-peer digital decentralized cryptocurrency distributed worldwide and BTCUSD represents the price of Bitcoin in US Dollar.

Risk Disclaimer - This is not financial advice.
The material does not contain (and should not be construed as containing) personal financial or investment advice or other recommendations, or an offer of, or solicitation for, a transaction in any financial instrument. The information does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. TradingLounge accepts no responsibility for any use that may be made of these comments and for any consequences that result.
TradingLounge™ uses a range of technical analysis tools, such as Volume Analysis, TradingLevels, Elliott Wave, software, and fundamental analysis as well as economic forecasts aimed at minimising the potential for loss.  
The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership and social media platforms has been prepared without taking into account your particular objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk.
The decision to trade and the method of trading is for you alone to decide, tradinglounge takes no responsibility whatsoever for your trading losses or profits
This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us,
consider the appropriateness of the advice considering your own objectives, financial situation or needs.
Therefore, you should consult your financial advisor or accountant to determine whether trading all and any financial products such as Indices, stocks & shares, Forex, CFDs, Options, Spread Betting etc.
derivatives of any kind / products are appropriate for you considering your financial trading circumstances.
As with any trading or investing opportunity there is a risk of making losses especially in day trading. Trading Lounge takes no responsibility for your profits or losses.
Note: Historical trading results are no guarantee of future returns.
Some investments are inherently riskier than others.  At worst, you could lose your entire investment and more, so seek financial advice from your financial adviser.

Derivatives such as Futures, Options, Contracts for Difference (CFDs) & Spread Betting etc.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

#bitcoin #BTC #bitcoin2023 #ethereum #crypto #cryptocurrencies #elliottwave   #technicalanalysis   #bitcointechnicalanalysis   
#bitcoinelliottwave   #bitcointradingstrategy  #bitcoinprediction   #buyingbitcoin   #bitcointodayprice   #bitcointoday   #bitcoinnews   
#bitcoinindex  #bitcoinpriceforecast   #bitcoinlive   #bitcoinpriceanalysis   #bitcoinnewstoday   #bitcoinexplained   #cryptocurrency    

 

About the Author

Related

Bitcoin Elliott Wave Analysis - tradinglounge.com 13 Mar 2023

Bitcoin Elliott Wave Analysis - tradinglounge.com 13 Mar 2023

Nice to see Bitcoin move higher as it bounces off the 20,000 which is also the 618% of the last leg....

Read More >
SP500, AAPL, AMZN, NVDA, TSLA, GOOGL, BRK, Top US Stocks Elliott Wave 20 Feb 2023

SP500, AAPL, AMZN, NVDA, TSLA, GOOGL, BRK, Top US Stocks Elliott Wave 20 Feb 2023

Corrections lower are still in play SP500, Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA),...

Read More >
US Bond Yields, Dollar DXY, US Gold, GDX, Silver, Copper, XLE Energy ETF, Crude Oil, Natural Gas Elliot Wave 27 Jan 2023

US Bond Yields, Dollar DXY, US Gold, GDX, Silver, Copper, XLE Energy ETF, Crude Oil, Natural Gas Elliot Wave 27 Jan 2023

Commodities Market Summary: Bond yields and US DXY lower, commodities higher Commodity Markets:Lower...

Read More >
European Markets News DAX 40 - FTSE 100 - DXY - GBPUSD - EURUSD Elliott Wave Analysis 04 May 2023

European Markets News DAX 40 - FTSE 100 - DXY - GBPUSD - EURUSD Elliott Wave Analysis 04 May 2023

The USD is trending lower allowing for a move higher for the EURUSD and GBPUSD DAX 40 - FTSE 100 - ...

Read More >
Stock Market SP500 Nasdaq Technical Analysis Elliott Wave Day Trading 10 Dec 2020

Stock Market SP500 Nasdaq Technical Analysis Elliott Wave Day Trading 10 Dec 2020

SPX S&P 500 Elliott Wave: tracking two bullish corrective patterns as Wave ii or (iv). The sharp mov...

Read More >
SP500, AAPL, AMZN, NVDA, TSLA, GOOGL, BRK, Top US Stocks Elliott Wave 12 Apr 2023

SP500, AAPL, AMZN, NVDA, TSLA, GOOGL, BRK, Top US Stocks Elliott Wave 12 Apr 2023

Further weakness is being displayed in tech stocks and today I continue to chat about the short side...

Read More >
You need to login in order to comment
WHAT YOUR TRIAL INCLUDES
At TradingLounge we offer our Members access to all areas!
  • Our coverage means you get maximum flexibility in your trading options
  • Analysis updates every day Mon-Fri
  • Elliott Wave specialists
  • Discretionary strategies to take away
Our huge range of markets include charts + videos for:
  • Indices – US, Asian + Euro
  • Commodities – Gold, Oil, Silver, Copper, Iron Ore, Nickel, DXY, GDX, Commoditiy Futures
  • Forex daily – AUDUSD, EURUSD + US Dollar Index
  • Cryptocurrencies - Bitcoin plus
Also included so your trading can really improve:

Trading Education

  • Phone + Email support