Top Crypto Strategist Predicts Strong Rallies for Bitcoin (BTC) and Ethereum (ETH) – But There’s a Catch

Top Crypto Strategist Predicts Strong Rallies for Bitcoin (BTC) and Ethereum (ETH) – But There’s a Catch


A popular crypto analyst who nailed Bitcoin’s 2018 bottom believes that BTC and Ethereum (ETH) are gearing up for steep price rallies.

The pseudonymous analyst Smart Contracter tells his 210,900 followers that Bitcoin has completed a five-wave rally on the four-hour chart and is now likely poised for a corrective move back down to the $20,000 level.

“Nice five-wave rise from the lows on four-hour for BTC. I’ll be looking to long any pullback below $20,500 over the next few days.”

Trending: INCOMING: Election Cancelled, Biden Removed, Trump Arrested, 10 Days of Darkness?

Source: Smart Contracter/Twitter

Smart Contracter’s analysis is based on the Elliott Wave theory, an advanced technical analysis approach that attempts to predict future price action by following crowd psychology that tends to manifest in waves. According to the theory, the trend of an asset

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend