Market Cap: $2,607,349,762,268
24h Vol: $87,463,557,952
Cryptocurrencies: 30042
Markets: 114302
Cryptocurrencies: 30042
Markets: 114302
Market Cap: $2,607,349,762,268     
24h Vol: $87,463,557,952
CoinDesk 2023-02-23 10:22:01

Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says

Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says
In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other two mark partial retracements within the primary trend. Bitcoin's year-to-date rally seems to be a retracement wave ahead of the final leg lower, QCP Capital said.
esptco-banner img
Latest News

Videos

  • What is a Bitcoin Wallet? How Bitcoin Wallets Work? Public & Private Key Explained!

  • Top 5 Graphic Cards for Mining in 2022 : Discover the Best GPUs for Cryptocurrency!

  • What is Bitcoin (BTC) & How it Works? Simply Explained!

  • Future Of Cryptocurrency: What Are Your thoughts On Future of Cryptocurrency? Explained By Cryptela

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire