from Elliott Wave International
Here’s how Elliott wave analysis helps you prepare for cryptocurrency volatility
If there’s a single word to describe bitcoin’s price action, that word is “volatile.”
Yet, those who invested roughly a year ago in the cryptocurrency — and stuck with it — have been hugely rewarded. (At least until very recently, as bitcoin traded more than 50% lower from its all-time high on May 19, as the price careened nearly 30% at one point on that day alone.)
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