BTC & Crypto Market Forecast. 4 Yr Cycle Top and Elliot WavesIn this video, I've pulled up an old chart from 2022 I've had on my desktop (not my original chart) that shows potential Waves 3-5 for Bitcion and the 4 year cycle high time targets.
In my new chart, I've re-created this showing that we're ahead of schedule from the dark study, and the 4 year past cycle time targets for reaching ATH around 539 days after the halving.
But as we know, we hit ATH's this cycle already BEFORE the halving, so it's unclear how that's going to affect the next phase. It would certainly make sense, that everybody (Big money, smart money and even us dumb money retail traders) will be looking to 'go all in' early...
But also to GET OUT early.
Remember, it's a game of musical chairs.. and the music is speeding up.
For these reasons, and other global economic and political influences...
I think we could STILL see a left-translated cycle and a parabolic bull rally going into Dec of this year... Unsure if that would be THE Top, but I'd be looking for some profit taking and correction there, which most likely WILL LOOK like the top. But may not actually be.
We may still see the 4 year cycle play out, and continue to push higher until October '25 as the original study suggests (539 days post-halving).
On the one hand, some are suggesting a deflationary market bust in early 2025 for both the stock market and Bitcoin / crypto.
We'll have to wait and see.
But it does look like we're experiencing the Wave 4 pullback, and poised to beging the final Wave 5 phase of the bull-run.
What do you think?
Would appreciate any likes, comments, or compliments below. Cheer always welcome!
To the moon 🚀
