Bitcoin Analysis for 2020-02-12 [Premium Analysis]

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On Feb 11, the Bitcoin price bounced on the parabolic ascending support line and increased by 6% inside the day. It is likely in the fifth wave of an Elliott formation. Bitcoin Price Highlights The Bitcoin price is following a parabolic support line. It is nearing the end of the fifth and final wave of an Elliott formation. There is resistance at $11,000. The price is
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Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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