Published On Jul 7, 2024
In this video we discuss the current pullback for #Bitcoin. I also discuss the bull and bear market targets from a neutral standpoint to help build your own thesis via the Elliott Wave Theory!
XForceGlobal is a leading Elliott Wave analyst and educator within the entire trading community, adhering strictly to the rules and guidelines of the Elliott Wave Principle. XForceGlobal is also among the select top educators on the TradingView Platform, honored with the exclusive 'Wizard' badge. Feel free to use any of the affiliate links for free benefits or connect via social media to enhance your education. XForceGlobal also offers a premium Discord group for more detailed analysis.
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Financial Disclaimer:
The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice. I am not a financial advisor, and you should consult with a qualified professional before making any investment decisions.
Any investment carries risks, and past performance is not indicative of future results. The opinions expressed in this video are solely my own and do not necessarily reflect the views of any companies or organizations mentioned.
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Chapters:
00:00 Narrowed Down Scenarios
00:50 Wave B Termination Point Importance
01:15 What Does Elliott Wave Principle Teach Us?
03:14 Scenario #1 (C Wave Complete? Near Complete?)
04:25 Moving Waves 3/4 (Alternative for wave C)
05:29 Macro Looks Okay (Bottom In?)
06:57 What If We Move Lower? (WXY Scenario)
10:50 Scenario #2 (ABC Complete Entirely - BULLISH)
11:40 How To Achieve Wave C (Expanding Ending Diagonal Variation)
13:26 Don't Like the Diagonal? No Problem.
14:24 Scenario #3 (Bearish)
17:22 What Fibonacci Can Tell Us
17:50 What Do I Personally Think?
18:25 Ending Remarks
#Bitcoin #BTC #Altseason