Bitcoin Bears Make A Return Below $50K
Updated
As outlined on my last Bitcoin idea, based on the length of Wave 1 downward, we can now assume a rough target for Bitcoin to around 45K (to form a running flat correction) — based on Elliott Waves and Fibonacci Levels.
Prepare for big bulls to test the 90K range afterwards. We should then make a return back to the 45K after Wave 5/3 concludes. After 90K, the move back to 45K will establish long lasting support and likely be bottom for a few years, as primary Wave 5 kicks off!
Prepare for big bulls to test the 90K range afterwards. We should then make a return back to the 45K after Wave 5/3 concludes. After 90K, the move back to 45K will establish long lasting support and likely be bottom for a few years, as primary Wave 5 kicks off!
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With A Wave forming a Leading Diagonal, we can expect a deep dive for Wave B and a larger 5 Wave move for Wave C. Bulls should stay under 60K.Note
Expecting downside at $57.1 and long let lasting downside near $59.1 too.
Join me on the waves, where its safe. discord.gg/QRPx6ShxMt
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