Bitcoin fans should be patient

Οι ξένοι το λένε turnaround Tuesday
January 9, 2018
Μην αγνοείτε το δωράκι που μας κάνει η αγορά
January 10, 2018

Bitcoin is in a corrective phase according to my elliott wave analysis. Price is expected to move lower towards 10-8k area before resuming higher. Traders should be patient and look for bullish reversal and setups at those levels and not sooner. So far price follows the wave scenario we showed in previous posts.

Trading Bitcoin and other cryptocurrencies entails high risk and increased volatility relative to other financial regulated instruments. If you are new to trading in general, please be extremely careful trading these currencies.

Alexandros Yfantis
Alexandros Yfantis
Fascinated by financial markets, studied International Securities Investment and Banking in the UK, works as a Portfolio Manager in Greece and runs a technical analysis website. Enjoys travelling and spending time with his family and preparing for the black belt in Korean Karate.