Is the Elliott Wave Theory Profitable? Most people use the Elliott Wave Theory in conjunction with other forex technical analysis tools.

This is a technical analysis prediction on Bitcoin utilizing the Elliott Wave Theory and Fibonacci extension. Click to read why I remain bullish on Bitcoin.

This still allows Bitcoin to reach its target zone by the end of this year. Additionally, all three prior cycles show a ...

Figure 1. Bitcoin’s short-term Elliott Wave count with several technical indicators and moving averages.