Elliott Waves in Bitcoin Price Charts

Bitcoin: Here’s Why the Push Above $20,000 Was in the Cards


Now You Can Get Bitcoin Updates Daily and Even During the Day
— and Get in Front of the Waves

EWI’s FX analysts now provide cryptocurrency coverage. Now, investors who follow and trade Bitcoin can see what is most likely to happen next — on multiple degrees and in both directions.

And the CME and CBOE just launched Bitcoin futures, so you can participate on stable exchanges.

To our best knowledge, The Elliott Wave Theorist was the first financial publication in the world to discuss Bitcoin. Bitcoin began in 2009. When it hit 6 cents in September 2010, amidst obscurity, skepticism and disinterest, our Theorist explained the digital currency to subscribers and said it had the potential to become the world’s currency. As everyone now knows, Bitcoin recently traded at $20,000.

The majority of traders get run over by big, unanticipated market swings. Those who follow Elliott waves can be calm, prepared and ready to take action before the next, most likely turn.

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This offer is good until 12 midnight, Eastern time, on December 31, 2017. Starting January 1, we go to full price.

This article was syndicated by Elliott Wave International and was originally published under the headline Bitcoin: Here’s Why the Push Above $20,000 Was in the Cards. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.