Bitcoin: $13,868… $9,651…$13,202… What's Next?
by Editorial Staff
Updated: July 11, 2019
Pop quiz. Do you know when Bitcoin's daily trading volume hit an all-time high: at the 2017 peak near $20,000 -- or at this year's peak at $13,868?
If you said, "this year," you're right. Surprisingly, the smaller rally had more people chasing it.
This and other factors told our Cryptocurrency Pro Service team to be ready for a reversal when Bitcoin hit its recent $13,868 peak. Sure enough, Bitcoin promptly fell some 30%...
...and then rallied back up above $13,000!
It's quite a story -- watch more in this 2-minute video.
Don't have an EWI Login?
No worries! Join Club EWI, our free Elliott wave educational community, and gain free access to this resource plus a full catalog of other valuable lessons. Plus, we'll keep you updated with new resources, exclusive invitations, and deals.