BTC up to new ATH, then to 195$.
Updated
Bitcoin is like a dream for Elliott Wave user. So here is my most probable scenario for BTC. Well as you can see from my earlier analysis, I am a little bit bear biased with BTC. So beware. A fellow waver is forcasting over 100.000 $ per BTC, and that is from a Elliott Wave perspective also reasonable. Well yes, every form of analysis has its flaws.
That said, here is my take. Frist down to 7500, than new ATH, then (maybe Jan 2020) start of the all destroying wave to 195 /BTC.
Good hunting everybody. And never leverage losers.
That said, here is my take. Frist down to 7500, than new ATH, then (maybe Jan 2020) start of the all destroying wave to 195 /BTC.
Good hunting everybody. And never leverage losers.
Note
Well it is a good start. But now BTC has to limit its descent to 7500. It needs to break a bit. The alt-coins do not help at all with there sell outs.
Related publications
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.