Its my alternate count.
Basically the idea is what current rise from 3k to 69k was just a Wave 3. Current "crash" is just a corrective Wave 4, which will go either to 100 WMA or 200 WMA, which historically provided the most support for Bitcoin.
After that we will see the long awaited 100k and probably a blow-off top, peak mania phase which will mark the end of the decade long bull market for Bitcoin.
Basically the idea is what current rise from 3k to 69k was just a Wave 3. Current "crash" is just a corrective Wave 4, which will go either to 100 WMA or 200 WMA, which historically provided the most support for Bitcoin.
After that we will see the long awaited 100k and probably a blow-off top, peak mania phase which will mark the end of the decade long bull market for Bitcoin.
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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.