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34 COMMENTS

  1. Alessio and the freakin Elliot wave theory hasn’t played out despite all the ways ppl are redrawing the damn wave. It’s not a great tool imo for btc. We haven’t talked about it in other videos why are we bringing it up now

  2. The downside momentum “appears” to have run out in the short term. The price “may” go up more before coming down. I’d like to see 17k before we make lower lows. Weekly stochastic is suggesting higher all time highs or lower lows one or the other. Safe trading guys ?

  3. How you can trust Elliot’s waves when the blockchain technology is running faster and faster and more money are getting into crypto?? 2011 and 2019 are very different times. It’s not gold or oil or whatever

  4. Taking a Fib retracement from day 0 to 20k seems to indicate that when we retraced from 20k to 3K it hit the .786 mark.
    This may indicate that the correction has completed and we are in the early stages of a new long term uptrend.
    Elliot wave taken on its own without a Fib retracement and confluence of other factors may lead to confusing TA for those just using Elliot. 🙂 One should still take heed of other possibilities.

  5. You and Alessio are the ONLY two I am Subbed to for last year on crypto. I knew of Alessio from about 2012 though. Nice touch though Steve. God bless to you and your family

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