This is not financial advice. Please do your own research.
BTC is in Wave 5 of a smaller Elliot wave (GREEN) which could take it to around 7.5k-8k USD before a 50% correction (RED). I am looking at the larger picture. The correction could mark the end of wave 2 of a larger elliot wave (BLUE) . The larger wave could take us to 20k USD. I am very long on BTC . Unless governments in the entire world ban it, Bitcoin is here to stay.
BTC is in Wave 5 of a smaller Elliot wave (GREEN) which could take it to around 7.5k-8k USD before a 50% correction (RED). I am looking at the larger picture. The correction could mark the end of wave 2 of a larger elliot wave (BLUE) . The larger wave could take us to 20k USD. I am very long on BTC . Unless governments in the entire world ban it, Bitcoin is here to stay.
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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.