Welcome to Extreme Investor Network: The Diagonal is Dead; Long live the Impulse
At Extreme Investor Network, we have been bullish on Bitcoin (BTCUSD) since at least mid-September last year, and our analysis has proven to be on point. As the price of Bitcoin continues to soar, many are wondering if it’s too late to jump in. This decision should not be taken lightly, as factors such as expected hold time, gains, and risk come into play. This is where our expertise in the Elliott Wave Principle (EWP) comes in handy.
We have been closely following the price structure of Bitcoin, initially identifying an “Ending Diagonal” pattern that was expected to move higher. However, as Bitcoin surpassed our target levels and continued to rise, we have adjusted our analysis to a non-overlapping impulse pattern, indicating further upside potential. Our dedication to staying informed and adapting our analysis as needed sets us apart from others in the industry.
Interested in learning more about our unique approach to analyzing the stock market and cryptocurrency trends? Join Extreme Investor Network today and gain access to exclusive insights and strategies that can help you make informed investment decisions. Don’t miss out on the latest updates and analysis – trust Extreme Investor Network to help you navigate the complexities of the stock market with confidence.