BITCOIN LONG TERM EXPECTATIONS AND IMPORTANT AREAS TO WATCH!
Hello my friends,
Daily Time Frame, means we are looking to see long term possibilities.
First i need to say that we follow A rising Wedge Pattern which is Bearish Pattern in Long Term.
We are in process of 12345 waves with wave 4 to be in action.
I expect the following:
BTC to raise maximum at 51150...
After a test of Rising Wedge downtrend between 40k - 42ks.
Then, I last pump for Wave 5.
My max target for this bullish cycle is Between 72ks - 78ks.
After that i expect the big correction for more than 80%.
Where we will stop in this correct?
Dividing BTC in 10ths (10K-2OK-30K-40K) the only tenth that is not tested successfully is the 20k.
I see Btc to fall in this area once we reach my topped target.
More consecrate i expect Bitcoin to fall as much as 13ks - 16ks.
Your comments are appreciated.
Have a nice day and good luck with your choices.
Daily Time Frame, means we are looking to see long term possibilities.
First i need to say that we follow A rising Wedge Pattern which is Bearish Pattern in Long Term.
We are in process of 12345 waves with wave 4 to be in action.
I expect the following:
BTC to raise maximum at 51150...
After a test of Rising Wedge downtrend between 40k - 42ks.
Then, I last pump for Wave 5.
My max target for this bullish cycle is Between 72ks - 78ks.
After that i expect the big correction for more than 80%.
Where we will stop in this correct?
Dividing BTC in 10ths (10K-2OK-30K-40K) the only tenth that is not tested successfully is the 20k.
I see Btc to fall in this area once we reach my topped target.
More consecrate i expect Bitcoin to fall as much as 13ks - 16ks.
Your comments are appreciated.
Have a nice day and good luck with your choices.
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