Bitcoin (Macro) Elliott Wave Theory Analysis.
Good afternoon peoples;
Thought I'd share my macro outlook on Bitcoin with you all.
This particular count has been one of the biggest challenges I've ever faced in these markets, but after a few years of experience - I feel I've finally tackled it.
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To keep things real simple, the chart says it all.
I think we're going to see 22k by around July,
after which btc will run to 126k.
126k will mark a significant cycle top, and a very large correction will take place after (which could last a few years).
I'm not going to talk too much about that right now since that's way in the future, but I will absolutely bring it up when the time comes.
-----
The market is by no means linear, so my view is subject to change as more data presents itself in the months ahead.
If any significant changes take place, you know I'll be the first to give you an update about it.
I've no bias in this market, I don't read\watch the news; all of my projections are strictly based on the methods that were taught to me by a very talented technical trader.
I have no idea what will cause these large moves either, nor does it matter to me right now.
The chart paints a very beautiful picture, and it is based off this picture which I base all of my trades on,
nothing else.
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Grand Cycle Wave 3 = 126k
Grand Cycle Wave 4 = 10k
Grand Cycle Wave 5 = 1.6M
💰
Thought I'd share my macro outlook on Bitcoin with you all.
This particular count has been one of the biggest challenges I've ever faced in these markets, but after a few years of experience - I feel I've finally tackled it.
-----
To keep things real simple, the chart says it all.
I think we're going to see 22k by around July,
after which btc will run to 126k.
126k will mark a significant cycle top, and a very large correction will take place after (which could last a few years).
I'm not going to talk too much about that right now since that's way in the future, but I will absolutely bring it up when the time comes.
-----
The market is by no means linear, so my view is subject to change as more data presents itself in the months ahead.
If any significant changes take place, you know I'll be the first to give you an update about it.
I've no bias in this market, I don't read\watch the news; all of my projections are strictly based on the methods that were taught to me by a very talented technical trader.
I have no idea what will cause these large moves either, nor does it matter to me right now.
The chart paints a very beautiful picture, and it is based off this picture which I base all of my trades on,
nothing else.
-----
Grand Cycle Wave 3 = 126k
Grand Cycle Wave 4 = 10k
Grand Cycle Wave 5 = 1.6M
💰
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