Bitcoin's Next Bull Cycle
Hello everyone,
Here is a comparison with the 2018-2019 Elliott Wave Cycle with the current cycle. I think Bitcoin is going to have a slow correction going into December 2020, followed by the next powerful bull cycle in 2021. This will also complete an inverted head and shoulder pattern, which is quite commonly seen in Bitcoin's charts. The last inverted head and shoulder pattern occurred between October 2019 and January 2020, which took BTC all the way up to 10,500 USD.
Of course anything can happen, so be safe and invest wisely.
Here is a comparison with the 2018-2019 Elliott Wave Cycle with the current cycle. I think Bitcoin is going to have a slow correction going into December 2020, followed by the next powerful bull cycle in 2021. This will also complete an inverted head and shoulder pattern, which is quite commonly seen in Bitcoin's charts. The last inverted head and shoulder pattern occurred between October 2019 and January 2020, which took BTC all the way up to 10,500 USD.
Of course anything can happen, so be safe and invest wisely.
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