Ticker:
BTCUSD
Time Frame: Daily/3 Years
Quick long shot bull scenario after stepping back from the minutia. If all holds well we could see $40-$50k BTC by this time next year with a retracement possible to $12-15k afterwards ending around Feb-Apr of next year.
This count can quickly be invalidated if our daily candles close below $6444 before the next rise above $10k and then $12k.
Right now we're in a contradictory descending triangle which indicates a possible break down to lower lows.
I'm expecting at least an 8%-14% pull back within the next week and if that is broken then a 14%-21% pullback in the next two weeks then invalidating this count leading me to look for the roughly 30% pullback over the next month. Taking us back to $4-5k.
If this count is gospel we'll see a $75k BTC at the end of wave 5 before our first total market correction, possibly to $20k BTC. I hold no weight to this final target.
Time Frame: Daily/3 Years
Quick long shot bull scenario after stepping back from the minutia. If all holds well we could see $40-$50k BTC by this time next year with a retracement possible to $12-15k afterwards ending around Feb-Apr of next year.
This count can quickly be invalidated if our daily candles close below $6444 before the next rise above $10k and then $12k.
Right now we're in a contradictory descending triangle which indicates a possible break down to lower lows.
I'm expecting at least an 8%-14% pull back within the next week and if that is broken then a 14%-21% pullback in the next two weeks then invalidating this count leading me to look for the roughly 30% pullback over the next month. Taking us back to $4-5k.
If this count is gospel we'll see a $75k BTC at the end of wave 5 before our first total market correction, possibly to $20k BTC. I hold no weight to this final target.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.