Ryan Wilday, cryptocurrency technician at the Elliot Wave Trader website joined me today to share his new targets for Bitcoin. After the run so far this year he is looking to $13,000 as an immediate upside target with the low $6,000 as a downside target.
With Bitcoin popping higher the question is being asked if the pop is due to safe haven buying or simply a overdue bounce. Ryan Wilday joins me to share his thoughts on the move higher and where he thinks it could go.
Ryan Wilday is back to share some of his new targets for Bitcoin. After a boring over 3 months Bitcoin finally started to move higher. There are a lot of rumors about what drove price higher but the more important factor is figuring out if volatility and traders are back playing the sector.
Ryan Wilday, Cryptocurrency Analysts at Avi’s site is back to share some of the levels he is watching in Bitcoin. We also discuss how the overall slow nature of this market now could impact developments moving forward.
Ryan Wilday, Cryptocurrency expert at the Elliot Wave Trader website shares his updated technical analysis on Bitcoin. After a rough November dropping the price down to $3,251 per coin it has bounced. We discuss if this is a bottom and how overall sentiment is now lining up for the sector.