BTC

9 Feb 2024

In my opinion, Bitcoin has completed five waves and is about to correct. If we look at the bull cycles of Bitcoin, we see that in the second bull cycle, it has risen 1/4 of the first cycle, and in the third cycle, it has risen 1/6 of the second cycle, and so on. The ratio remains, in the current cycle it should climb 1/8 of the previous cycle, which is 262%, it should climb, which will be completed around 58,000-56,000, and in terms of Elliott waves, we expect a correction.