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  • Today, we will examine Bitcoin. 

Bitcoin: An Intersection of Elliott Wave, Cycles, and Wyckoff Analysis

  • After the recent crypto bloodbath and controversial messages from bulls and bears, it is good to review some bigger picture charts.

  • Bitcoin appears to be in the process of completing a Wyckoff Distribution Technical Pattern, as identified by @great_martis.

  • This coincides with the completion of a 15-year Elliott Wave structure and the anticipated four-year Bitcoin cycle peak (see my X post below). 

  • Is this alignment merely a coincidence, or does it suggest a more significant underlying development?  

  • Most of the technical analysis evidence suggests the latter, but there are no guarantees in financial markets.

  • It is good to follow probable setups, but risk management should not be neglected.

There are regular Bitcoin updates in our Pro subscription. Upgrade now for ongoing updates.

BraVoCycles on X

  • If you are interested in financial markets, you are missing out by not following me on X, as I do not have enough space in the newsletter to post all my research, which I try to share on X. Additionally, I frequently post important real-time updates between newsletters. Follow @BraVoCycles. 

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