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What the Fork?! Why Bitcoin Really Plunged 15% on Nov. 14

by Nico Isaac
Updated: November 19, 2018

Now YOU Can Get in Front of Big Waves in Bitcoin, Ethereum and Litecoin

— with EWI's Cryptocurrency Pro Service

On December 17, 2018, with Bitcoin trading near $3500, our Crypto Pro Service team guided subscribers by saying:

“Cautiously bullish against $3128.

“On alert to confirm the bear market has bottomed.

“Price action is very bullish.”

After that forecast, Bitcoin staged a 7-month rally to $13,868.

Right now, EWI's FX analysts can give you intraday and daily cryptocurrency forecasts just like these.

Armed with our forecasts, if you trade or invest in Bitcoin, Ethereum and Litecoin, you'll see exactly what is most likely to happen next -- on multiple degrees of trend, and in both directions.

Now is the time to pay attention, as Bitcoin, Ethereum and Litecoin are near a critical point -- and the next move will surprise those who are looking in the wrong direction.

A little background...

EWI first alerted subscribers to Bitcoin back in 2010 -- when it was trading at 6 cents and before anyone knew what Bitcoin was. They gave on-the-record updates as Bitcoin climbed to its $20,000 peak in December 2017. Then, a few days before that high, they called for Bitcoin to plummet.

And plummet it did. After it crashed 85%, those investors who drove Bitcoin's price to $20,000 didn't care anymore. Bitcoin was as good as dead. That's when Elliott wave patterns in Bitcoin's price charts again began to scream: "Opportunity!" EWI's Crypto Pro Service alerted subscribers -- and Bitcoin surged 300%+ in 7 months.

Most traders get run over by big market swings. High volatility markets like Bitcoin present plenty of risks--and plenty of opportunities. EWI's analysts keep their vigilant eyes on the waves, on the lookout for moves most people won't see coming. Will they call every move? Of course not, no forecasting service does. But...

... for investors and traders excited to enter these waters, there is no better perspective available to make sense of the crypto market.

4 ways EWI's Cryptocurrency Pro Service lets you trade with more confidence

If it's an important crypto, you'll be on top of it

1. You Get Analysis Through the Day

Your Cryptocurrency Pro Service subscription puts a team of Forex experts in your corner. Their goal is to make sure that day-by-day, hour-by-hour, you have the very latest Elliott wave forecasts for Bitcoin, Ethereum and Litecoin. We provide you with crypto forecasts several times a day so you can get in front of intraday moves -- as well as longer-term opportunities.

2. You Get "Opportunity-Now!" Alerts

Your Pro Services Forex team scours the crypto and FX markets for dramatic set ups for you. Each is a market that has reached a low-risk, high-reward juncture in its wave pattern. You'll find them in the Opportunities section of your Pro Service portal.

3. You Get Essential Weekly Perspective

Once a week, your Forex analysts record a video to help you prepare for the week ahead. Sit back and watch as our analysts reveal the markets that are on their radar and that should be on yours -- including cryptos. Then, each week market veteran Murray Gunn posts his Currency Insights column calling your attention to an over-looked but powerful wave-generated undercurrent moving the money markets. These videos and columns add up to unparalleled, essential perspective for all serious currency followers.

4. You Become Part of an Exclusive Community of Savvy Elliott Wave Traders

Our Forex team is your Forex team. If you have a question about the wave principle or our analysis, just send us an email. An FX team member will get back to you. If it makes sense for the answer to be shared with your Pro Service peers, we'll do so, confidentially of course. If you're having a hard time grasping an Elliott wave concept, our Educational Consultant will find the best resource for you and send it along. We know that we're successful when you are successful. We do everything in our power to make sure that happens.



Get Intraday and Daily Crypto Coverage

$199/mo.