{"id":489313,"date":"2022-04-29T20:02:43","date_gmt":"2022-04-29T20:02:43","guid":{"rendered":"https:\/\/ktsl888.com\/?p=489313"},"modified":"2024-06-11T11:31:19","modified_gmt":"2024-06-11T11:31:19","slug":"bitcoin-market-cycle-comparison-crypto","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/","title":{"rendered":"Bitcoin Perfectly Follows Market Cycle Comparison, What Comes Next For Crypto?"},"content":{"rendered":"

Bitcoin price continues to stagnate and move sideways<\/a>, but according to the cryptocurrency following an Elliott Wave market cycle, a break in the boredom is due soon.<\/p>\n

Price action follows the predicted path so perfectly, that when layering Bitcoin directly over the comparison, there is little room for doubt about what comes next for crypto. \u00a0Take a look for yourself and decide.<\/p>\n

All About Elliott Wave Theory And The Guideline of Alternation<\/h2>\n

Bitcoin is maturing with each passing bull cycle<\/a>, but it remains a speculative asset. As such, narratives tend to drive the price action. When the cryptocurrency is bullish, it moves in a powerful parabolic impulse up. When things are bearish, the rollercoaster ride turns scary and many get ejected along the way.<\/p>\n

Markets might seem like an unpredictable rollercoaster at times, but on several time scales, they can be quite predictable. In the 1930s,\u00a0Ralph Nelson Elliott developed what he referred to as Wave Principle. According to Wikipedia<\/a>, “Elliott stated that, while stock market prices may appear random and unpredictable, they actually follow predictable, natural laws, and can be measured and forecast using Fibonacci numbers.”<\/p>\n

Related Reading | Now Or Never: Bitcoin Builds Base At Decade-Long Parabolic Curve<\/a><\/em><\/strong><\/p>\n

Today, the study is more commonly referred to at Elliott Wave Theory<\/a>. Each “wave” has a specific type of characteristic and guidelines. Waves alternate between bullish and bearish phases. Odd numbered phases are impulse waves that move in the primary trend direction, while even numbered waves are corrective phases that move against the primary trend.<\/p>\n

In addition to waves alternating between positive and negative growth, they also alternate in their degree of severity. And according to the Guideline of Alternation, one correction is typically sharp, while the other is flat or sideways. When this exact example is projected over Bitcoin price action<\/a> the path ahead looks a lot more clear.<\/p>\n

\"BTCUSD_2022-04-29_07-30-04\"<\/p>\n

If Bitcoin continues to follow the path, what comes next? | Source: BTCUSD on TradingView.com<\/a><\/pre>\n

What Is Next For Bitcoin When The Flat-Style Correction Ends?<\/h2>\n

The length\u00a0of each correction<\/a> is also different, according to Elliott Wave Theory. Sharp corrections tend to be over with a lot faster than a flat-style correction, which painfully grinds sideways. The market itself still has a sort of post-traumatic bear market syndrome from the severity of the sharp style correction, that it is expects the market to behave in the same manner yet again.<\/p>\n

Related Reading | Time Vs Price: Why This Bitcoin Correction Was The Most Painful Yet<\/a><\/em><\/strong><\/p>\n

However, according to the Guideline of Alternation, the probability of two of the same type of corrections is extremely low. In rare situations, two sideways corrections occur, but never two sharp corrections. This suggests that whenever Bitcoin price finally does turn around, the corrective wave four<\/a> should be complete and the grand finale wave five will begin.<\/p>\n

What happens after wave five is complete? Another bear market, and likely the worst and longest in the history of Bitcoin.<\/p>\n

Follow <\/i><\/b>@TonySpilotroBTC on Twitter<\/i><\/b><\/a> or join\u00a0<\/i><\/b>the TonyTradesBTC Telegram<\/i><\/b><\/a> for exclusive daily market insights and technical analysis education<\/i><\/b>. Please note: Content is\u00a0educational and should not be\u00a0considered investment advice.<\/i><\/b><\/p>\n

Featured image from iStockPhoto, Charts from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"

Bitcoin price continues to stagnate and move sideways, but according to the cryptocurrency following an Elliott Wave market cycle, a break in the boredom is due soon. Price action follows the predicted path so perfectly, that when layering Bitcoin directly over the comparison, there is little room for doubt about what comes next for crypto. \u00a0Take a look for yourself and decide. All About Elliott Wave Theory And The Guideline of Alternation Bitcoin is maturing with each passing bull cycle, but it remains a speculative asset. As such, narratives tend to drive the price action. When the cryptocurrency is bullish, it moves in a powerful parabolic impulse up. When things are bearish, the rollercoaster ride turns scary and many get ejected along the way. Markets might seem like an unpredictable rollercoaster at times, but on several time scales, they can be quite predictable. In the 1930s,\u00a0Ralph Nelson Elliott developed what he referred to as Wave Principle. According to Wikipedia, “Elliott stated that, while stock market prices may appear random and unpredictable, they actually follow predictable, natural laws, and can be measured and forecast using Fibonacci numbers.” Related Reading | Now Or Never: Bitcoin Builds Base At Decade-Long Parabolic Curve Today, the study is more commonly referred to at Elliott Wave Theory. Each “wave” has a specific type of characteristic and guidelines. Waves alternate between bullish and bearish phases. Odd numbered phases are impulse waves that move in the primary trend direction, while even numbered waves are corrective phases that move against the primary trend. In addition to waves alternating between positive and negative growth, they also alternate in their degree of severity. And according to the Guideline of Alternation, one correction is typically sharp, while the other is flat or sideways. When this exact example is projected over Bitcoin price action the path ahead looks a lot more clear. If Bitcoin continues to follow the path, what comes next? | Source: BTCUSD on TradingView.com What Is Next For Bitcoin When The Flat-Style Correction Ends? The length\u00a0of each correction is also different, according to Elliott Wave Theory. Sharp corrections tend to be over with a lot faster than a flat-style correction, which painfully grinds sideways. The market itself still has a sort of post-traumatic bear market syndrome from the severity of the sharp style correction, that it is expects the market to behave in the same manner yet again. Related Reading | Time Vs Price: Why This Bitcoin Correction Was The Most Painful Yet However, according to the Guideline of Alternation, the probability of two of the same type of corrections is extremely low. In rare situations, two sideways corrections occur, but never two sharp corrections. This suggests that whenever Bitcoin price finally does turn around, the corrective wave four should be complete and the grand finale wave five will begin. What happens after wave five is complete? Another bear market, and likely the worst and longest in the history of Bitcoin. Follow @TonySpilotroBTC on Twitter or join\u00a0the TonyTradesBTC Telegram for exclusive daily market insights and technical analysis education. Please note: Content is\u00a0educational and should not be\u00a0considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com<\/p>\n","protected":false},"author":517,"featured_media":489316,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119,1144,79491,6664,58757,4524],"class_list":["post-489313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-btcusd","tag-btcust","tag-crypto","tag-elliott-wave-theory","tag-xbt"],"acf":[],"yoast_head":"\nBitcoin Perfectly Follows Market Cycle Comparison, What Comes Next For Crypto?<\/title>\n<meta name=\"description\" content=\"Bitcoin price continues to stagnate and move sideways, but according to the cryptocurrency following an Elliott Wave market cycle, a break in the boredom\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Perfectly Follows Market Cycle Comparison, What Comes Next For Crypto?\" \/>\n<meta property=\"og:description\" content=\"Bitcoin price continues to stagnate and move sideways, but according to the cryptocurrency following an Elliott Wave market cycle, a break in the boredom\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-29T20:02:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T11:31:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/04\/bitcoin-market-cycle-dollar-dxy-iStock-1368918590.jpeg?fit=1365%2C768\" \/>\n\t<meta property=\"og:image:width\" content=\"1365\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony "El Toro" Severino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/tonythebullBTC\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony "El Toro" Severino\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/\"},\"author\":{\"name\":\"Tony \\\"El Toro\\\" Severino\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\"},\"headline\":\"Bitcoin Perfectly Follows Market Cycle Comparison, What Comes Next For Crypto?\",\"datePublished\":\"2022-04-29T20:02:43+00:00\",\"dateModified\":\"2024-06-11T11:31:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/\"},\"wordCount\":517,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/04\/bitcoin-market-cycle-dollar-dxy-iStock-1368918590.jpeg?fit=1365%2C768\",\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"btcust\",\"crypto\",\"Elliott wave theory\",\"xbt\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/\",\"url\":\"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/\",\"name\":\"Bitcoin Perfectly Follows Market Cycle Comparison, What Comes Next For Crypto?\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/04\/bitcoin-market-cycle-dollar-dxy-iStock-1368918590.jpeg?fit=1365%2C768\",\"datePublished\":\"2022-04-29T20:02:43+00:00\",\"dateModified\":\"2024-06-11T11:31:19+00:00\",\"description\":\"Bitcoin price continues to stagnate and move sideways, but according to the cryptocurrency following an Elliott Wave market cycle, a break in the boredom\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/04\/bitcoin-market-cycle-dollar-dxy-iStock-1368918590.jpeg?fit=1365%2C768\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/04\/bitcoin-market-cycle-dollar-dxy-iStock-1368918590.jpeg?fit=1365%2C768\",\"width\":1365,\"height\":768,\"caption\":\"bitcoin dollar dxy market cycle Elliot wave theory\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Perfectly Follows Market Cycle Comparison, What Comes Next For Crypto?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\",\"name\":\"Tony \\\"El Toro\\\" Severino\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"caption\":\"Tony \\\"El Toro\\\" Severino\"},\"description\":\"Tony \\\"The Bull\\\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.\",\"sameAs\":[\"https:\/\/coinchartist.io\/\",\"https:\/\/www.instagram.com\/coinchartist_io\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC\",\"https:\/\/www.youtube.com\/@coinchartist_io\"],\"url\":\"https:\/\/ktsl888.com\/author\/tonymspilotro\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Perfectly Follows Market Cycle Comparison, What Comes Next For Crypto?","description":"Bitcoin price continues to stagnate and move sideways, but according to the cryptocurrency following an Elliott Wave market cycle, a break in the boredom","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Perfectly Follows Market Cycle Comparison, What Comes Next For Crypto?","og_description":"Bitcoin price continues to stagnate and move sideways, but according to the cryptocurrency following an Elliott Wave market cycle, a break in the boredom","og_url":"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2022-04-29T20:02:43+00:00","article_modified_time":"2024-06-11T11:31:19+00:00","og_image":[{"width":1365,"height":768,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/04\/bitcoin-market-cycle-dollar-dxy-iStock-1368918590.jpeg?fit=1365%2C768","type":"image\/jpeg"}],"author":"Tony \"El Toro\" Severino","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/tonythebullBTC","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Tony \"El Toro\" Severino","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/"},"author":{"name":"Tony \"El Toro\" Severino","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d"},"headline":"Bitcoin Perfectly Follows Market Cycle Comparison, What Comes Next For Crypto?","datePublished":"2022-04-29T20:02:43+00:00","dateModified":"2024-06-11T11:31:19+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/"},"wordCount":517,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/04\/bitcoin-market-cycle-dollar-dxy-iStock-1368918590.jpeg?fit=1365%2C768","keywords":["bitcoin","btc","btcusd","btcust","crypto","Elliott wave theory","xbt"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/","url":"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/","name":"Bitcoin Perfectly Follows Market Cycle Comparison, What Comes Next For Crypto?","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/04\/bitcoin-market-cycle-dollar-dxy-iStock-1368918590.jpeg?fit=1365%2C768","datePublished":"2022-04-29T20:02:43+00:00","dateModified":"2024-06-11T11:31:19+00:00","description":"Bitcoin price continues to stagnate and move sideways, but according to the cryptocurrency following an Elliott Wave market cycle, a break in the boredom","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/04\/bitcoin-market-cycle-dollar-dxy-iStock-1368918590.jpeg?fit=1365%2C768","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/04\/bitcoin-market-cycle-dollar-dxy-iStock-1368918590.jpeg?fit=1365%2C768","width":1365,"height":768,"caption":"bitcoin dollar dxy market cycle Elliot wave theory"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Perfectly Follows Market Cycle Comparison, What Comes Next For Crypto?"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d","name":"Tony \"El Toro\" Severino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","caption":"Tony \"El Toro\" Severino"},"description":"Tony \"The Bull\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/ktsl888.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Perfectly Follows Market Cycle Comparison, What Comes Next For Crypto?","url":"http:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/bitcoin-market-cycle-comparison-crypto\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/04\/bitcoin-market-cycle-dollar-dxy-iStock-1368918590.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/04\/bitcoin-market-cycle-dollar-dxy-iStock-1368918590.jpeg?fit=1365%2C768"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Tony \"El Toro\" Severino"}],"creator":["Tony \"El Toro\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","btcusd","btcust","crypto","elliott wave theory","xbt"],"dateCreated":"2022-04-29T20:02:43Z","datePublished":"2022-04-29T20:02:43Z","dateModified":"2024-06-11T11:31:19Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Perfectly Follows Market Cycle Comparison, What Comes Next For Crypto?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-market-cycle-comparison-crypto\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-market-cycle-comparison-crypto\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/bitcoin-market-cycle-dollar-dxy-iStock-1368918590.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/bitcoin-market-cycle-dollar-dxy-iStock-1368918590.jpeg?fit=1365%2C768\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"El Toro\\\" Severino\"}],\"creator\":[\"Tony \\\"El Toro\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"btcust\",\"crypto\",\"elliott wave theory\",\"xbt\"],\"dateCreated\":\"2022-04-29T20:02:43Z\",\"datePublished\":\"2022-04-29T20:02:43Z\",\"dateModified\":\"2024-06-11T11:31:19Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/04\/bitcoin-market-cycle-dollar-dxy-iStock-1368918590.jpeg?fit=1365%2C768","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/489313"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=489313"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/489313\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/489316"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=489313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=489313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=489313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}