Elliott Wave Live: Big Week – Central Banks Will Define Next Crypto Move

The author argues central bank decisions (Fed, ECB, BOE, BOJ) and inflation tone will be the main drivers of market volatility this week and will likely define crypto’s next directional move. Near-term weakness in US yields and the dollar could lift EUR/USD and GBP/USD (euro possibly toward 1.19), while cross pairs and commodity FX may see notable swings. Gold, silver and crude remain rangebound and vulnerable to higher rates or delayed cuts. Equities keep bullish structures but may see short-term pullbacks around policy events. For crypto, Bitcoin and Ethereum display corrective Elliott Wave patterns and the author sees rising risk of a short-term pullback or sideways action unless key resistances are decisively broken.