I think we pump to 40k in 60 days because of the short-term positive narrative that the FED will pause rising rates, but I think it will be short-lived because the recession will hit and the negative narrative will come back and then I think we will go down to 12k in 250 days
Bounce from EMA 200 to $50k and then revisit EMA 200 next year at $37k
My view on BTC for the next months. BTC Bullish short term, Bearish midterm, Bullish long term
Elliott wave prediction: After comleting ABC correction that started form January to April 2018 we satrted the bull trend forming wave 1 at $10k If wave 2 is completed at $8689, we will start wave 3 which usually is the longest and i think will be 2.618 Fib Level of wave 1 reaching price $16k. Then a correction to $12.5k and the 5 wave $17.4k