Wednesday, 31 January 2024

BITCOIN will be the new assets ?

Today 31st Jan 2024 Bitcoin Price at $42500. Lots of social media and crowds are gossiping about Bitcoin's target in the coming years. 

Is Bitcoin itself an interesting asset or just software? Anyway, we are traders and I am just trying to forecast the price in the coming days with the help of Elliottwave.

Bitcoin Monthly Chart,


Five impulses and three corrections of one complete cycle over at $15400 from penny.

The next cycle will be bigger then first. Let's see,


Subwaves have taken support nearly 39k so for the Year 2024 the price of 39k is strong support for a move towards 50-60k .

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