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

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

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