Bitcoin analysis based on Elliott waves
Each of the upcoming waves may change. From now on, it is impossible to predict what kind of correction patterns will occur or exactly how many waves will grow.
For example, the third wave of our big cycle should grow much faster than the first wave, but because the targets are really weird, I assumed that the growth of the third big wave is only a little more than the first wave.
Corrective C wave can also drop to 30,000 or below 30,000. In the previous analysis it was explained:
However, this will be the general shape of the route for 2023.
Each of the upcoming waves may change. From now on, it is impossible to predict what kind of correction patterns will occur or exactly how many waves will grow.
For example, the third wave of our big cycle should grow much faster than the first wave, but because the targets are really weird, I assumed that the growth of the third big wave is only a little more than the first wave.
Corrective C wave can also drop to 30,000 or below 30,000. In the previous analysis it was explained:
However, this will be the general shape of the route for 2023.
Note
2022Note
Note
plan BNote
In this model, our assumption about the start of the big wave (i) is different. That is why this upward wave (v) will be our last big wave. And after that it will be a deep, long and tedious correctionNote
plan C
Note
plan D
Note
Start a new trend, and follow the Bitcoin moves. These patterns are sifted. And a more definite opinion can be givenNote
Currently, each of these scenarios is likely to occur with equal percentagesNote
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.