Five Down in Bitcoin

Elliott Prechter on January 20, 2023

After five waves down in bitcoin, a major reversal occurred, just as expected! Only the Elliott Wave Principle enables this kind of foresight.

$BTC-USD@GDAX BitCoin/US Dollar @ GDAX (Trade Navigator)[47%] © Jan 20, 2023 ewaves.com Nov2021 Feb2022 May2022 Jul2022 Oct2022 Jan2023 69K 51.16K 37.93K 28.12K 20.85K 15.46K 12022-01-24 6:00 AM $32.93K A2022-02-10 6:00 AM $45.85K a2022-02-24 6:00 AM $34.32K b2022-03-02 6:00 AM $45.43K c2022-03-07 6:00 PM $37.16K d2022-03-09 6:00 PM $42.6K e2022-03-14 6:00 AM $37.56K B2022-03-14 6:00 AM $37.56K C2022-03-28 6:00 PM $48.24K 22022-03-28 6:00 PM $48.24K 12022-04-18 6:00 AM $38.55K 22022-04-21 6:00 AM $43.11K 32022-05-12 6:00 PM $25.34K 42022-05-31 6:00 PM $32.38K 52022-06-18 6:00 PM $17.57K 32022-06-18 6:00 PM $17.57K A2022-06-26 6:00 AM $21.87K B2022-06-30 6:00 PM $18.6K C2022-07-08 6:00 AM $22.49K W2022-07-08 6:00 AM $22.49K X2022-07-13 6:00 AM $18.89K A2022-07-20 6:00 AM $24.29K B2022-07-26 6:00 PM $20.72K C2022-08-15 6:00 AM $25.21K Y2022-08-15 6:00 AM $25.21K a2022-08-15 6:00 AM $25.21K A2022-08-20 6:00 AM $20.76K B2022-08-24 6:00 AM $21.92K C2022-09-07 6:00 AM $18.53K b2022-09-07 6:00 AM $18.53K c2022-09-13 6:00 AM $22.8K A2022-09-21 6:00 PM $18.15K A2022-09-27 6:00 AM $20.38K B2022-09-28 6:00 AM $18.49K C2022-10-04 6:00 PM $20.48K B2022-10-04 6:00 PM $20.48K C2022-10-13 6:00 AM $18.13K d2022-10-13 6:00 AM $18.13K A2022-10-14 6:00 AM $19.95K B2022-10-21 6:00 AM $18.66K C2022-11-05 6:00 PM $21.48K e2022-11-05 6:00 PM $21.48K 42022-11-05 6:00 PM $21.48K 52022-11-21 6:00 PM $15.46K