BTC Top 73k to 82k July to December 2024
I previously used momentum studies on BTC to find its top. My last guess was around 80k.
I also believe BTC is following Palladium. Using that fractal the top is around 80k.
(Credit to Jay Chewie he gave me that tip in 2021).
If you draw a ray line between BTC's macro 1 wave to the Rona crash of 2020 you come to the understanding that both macro wave 1 and macro wave 5 are on the underside and macro wave 3 is on the top side.
A top to bottom fib extension on the linear scale from the 2018 top to the 2019 bottom suggests the 4.2 fib extension is 73k and the next fib up is 82k.
I don't make calls lightly but I believe BTC's next wave up will be its last.
Please take your profits. Buy metals which you can store at home.
Thank you to everyone who followed me all the way from 2019.
I hope you all survive the next mega recession.
- Occultist/Panda
I also believe BTC is following Palladium. Using that fractal the top is around 80k.
(Credit to Jay Chewie he gave me that tip in 2021).
If you draw a ray line between BTC's macro 1 wave to the Rona crash of 2020 you come to the understanding that both macro wave 1 and macro wave 5 are on the underside and macro wave 3 is on the top side.
A top to bottom fib extension on the linear scale from the 2018 top to the 2019 bottom suggests the 4.2 fib extension is 73k and the next fib up is 82k.
I don't make calls lightly but I believe BTC's next wave up will be its last.
Please take your profits. Buy metals which you can store at home.
Thank you to everyone who followed me all the way from 2019.
I hope you all survive the next mega recession.
- Occultist/Panda
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.