#BTC spent the last couple weeks in a 4th wave correction...and as of today has broken out of the descending triangle. The Fibonacci extension places the top of wave 5 around $50,000. This seems right on track with @100trillionusd Stock to Flow model. #ElliottWave matching with Fibonacci technicals and the #S2F model.
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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.