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BTC is Fulfilling An Elliot Wave Pattern From November 2022: Analyst


BTC is Fulfilling An Elliot Wave Pattern From November 2022: Analyst

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  • CoinsKid thinks there is still more upside momentum for Bitcoin ahead of a potential reversal.
  • The analyst said the current BTC rally is a recovery phase on an existing bull run from November 2022.
  • CoinsKid predicts a significant bear trend for Bitcoin after the fifth wave in the current pattern.

A Bitcoin analyst identified as CoinsKid on X thinks there is still more upside momentum for Bitcoin ahead of a potential reversal. CoinsKid referenced a prediction he made last September, claiming what many thought was a bear market from 2022 was only a corrective phase of a bull market.

According to CoinsKid, he predicted last September that Bitcoin would rally to all-time highs (ATH) and blow-off tops before the next halving. He supported his prediction with data from the Dollar Index (DXY), S&P 500, and Ethereum. True to h…

The post BTC is Fulfilling An Elliot Wave Pattern From November 2022: Analyst appeared first on Coin Edition.

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