Bitcoin – A Technical Outlook and Comments On The Safe Haven Argument

November 4, 2019

Ryan Wilday joins me today for a look into the Bitcoin and overall cryptocurrency markets. We start with a comment on the technical set up where Ryan shares his positioning and stops. Next is a general discussion about the safe haven appeal of Bitcoin.

Click here to visit the Elliot Wave Trader site and follow along with Ryan’s technicals.

    Nov 04, 2019 04:27 PM
    Nov 04, 2019 04:17 PM

    So the message is it’s going to hit 18,000 pull back to 9,500, then break out above 19,000-20,000 and then shoot up to ‘six figures’ ‘just a matter of time’. Good knowledge, I better sell my gold then, wouldn’t want to miss out on such a dead cert.

    Nov 04, 2019 04:43 PM

    Maybe you should. Or better yet, have both.

    Nov 04, 2019 04:16 PM

    I almost sold my Wallbridge shares when it was in the teens to buy some BTC. NOT!!!! Wallbridge is .53 currently.

    Nov 05, 2019 05:32 AM
    I closed my gdx short at 26.83 now since went in at 29.91…price is mid channel and the largish doji is smack in between TAS support and resistance…Maybe I get a retest of the upper channel line…GLTTraders