Bitcoin Elliott Wave Analysis v of (iii) of i) of 3 of (5)

Peter Mather
2 min readOct 6, 2021

Bitcoin and Ethereum Technical Analysis Elliott Wave Forecast & Trading

Overview: Bitcoin is confirming as a bullish trend
Bitcoin Elliott Wave: Wave v of (iii) of i) of 3 of (5)
Bitcoin Technical Analysis Over the week ahead I’m looking for Classic Trading Levels pattern on 50,000
Trading Levels Bitcoin: Minor Group2 46,500|47,200|48,000. Major TradingLevel TL5| 50,000 and Minor Group 1 is 51|532|53k
Bitcoin Trading Strategy: Building long positions, next is adding on mTL5|50k with the trade setup as the Classic TradingLevel pattern

trading tip: In trading, you have to be defensive and aggressive at the same time. If you are not aggressive, you are not going to make money, and if you are not defensive, you are not going to keep the money.

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What is Bitcoin 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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Peter Mather

I am an expert Elliott Wave Traders with 10+ years of experience.