When a Market is in a Bubble, Waves Are BIG and They Are FAST
Volatility Means Opportunity
Recent Moves in Cryptos Portend CONTINUED Volatility
CME and CBOE NOW OFFER Bitcoin Futures, So...
For the First Time Ever, You Can Participate in Both Directions on Stable Exchanges
EWI's FX analysts now provide cryptocurrency coverage. Investors who follow and trade Bitcoin, Ethereum and Litecoin can see what is most likely to happen next -- on multiple degrees and in both directions.
To our best knowledge, The Elliott Wave Theorist was the first financial publication in the world to discuss Bitcoin. Bitcoin began at a price of one cent in 2009. When it hit 6 cents in September 2010, amidst obscurity, skepticism and disinterest, our Theorist explained the digital currency to subscribers and said it had the potential to become the world's currency. As everyone now knows, Bitcoin recently traded at $20,000 and then plummeted almost 50% in a matter of days.
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 traders excited to enter these waters, there is no better perspective available to make sense of the cryptocurrency market.