Bitcoin may be in the process of completing the biggest, most extended Wave 3 in the history of all assets, literally jumping from $3K to $50K+ in one, single, pump! Quite unimaginable actually but it sort of makes sense if you think about it (of course its easy to say this in hindsight, lol). The 4/3 was a massively tricky one to catch, which I surely failed to do.
Now that Wave 5/3 has come earlier than anticipated, the count shows that we're likely in Wave 4/5 of 3. I'm expecting that we will retrace back to the $50K range and pump to nearly $60K or more, but not much more.
Typically at the end of a 5/4 Wave, price retraces to the previous Wave 4 level to find more support. The previous Wave 4 level for Bitcoin lies around $4000. RSI levels are still extremely hot for Daily, Weekly, and Monthly charts. This kinda drop is also nearly unimaginable and foresight isn't quite as convenient as hindsight :)
Now that Wave 5/3 has come earlier than anticipated, the count shows that we're likely in Wave 4/5 of 3. I'm expecting that we will retrace back to the $50K range and pump to nearly $60K or more, but not much more.
Typically at the end of a 5/4 Wave, price retraces to the previous Wave 4 level to find more support. The previous Wave 4 level for Bitcoin lies around $4000. RSI levels are still extremely hot for Daily, Weekly, and Monthly charts. This kinda drop is also nearly unimaginable and foresight isn't quite as convenient as hindsight :)
Nota
Typically at the end of a 5/3** Wave, price retraces to the previous Wave 4 level to find more support.Pesanan dibatalkan
I had to re-check the analysis count. Sub $30K (and likely $40K) is dead. $62K and 
41K are my next tentative targets. Bear Season will never be the same. $40K-$45K will be the last low point before BTC reaches disrespectfully, enormous price ranges.
Decode the wave, anticipate the move. elliottwavescience.com
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.
Decode the wave, anticipate the move. elliottwavescience.com
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.