The current Bitcoin cycle has ended based on my analysis and perspective using Elliott Wave Theory.
Trade active
The goal has been achieved, and the current cycle has ended as expected. I believe we will test the 78K levels, followed by potentially forming a double top, and then start a new cycle beginning with a bear market.
Trade closed: target reached
The goal has been achieved, and the current cycle has ended as expected.Now we going for new cycle
Note
The goal has been achieved, and the current cycle has ended as expected.Now we going for new cycle
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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.