BTC: Repeat of 2017 7-wave structure?
The sixth wave down is always the strongest.
I see projections of an Elliot wave E incoming, and much lower than 45. Some say low-30s, or even mid-20s. I lean in the other direction: the completion of the seventh wave of a seven-wave structure. A repeat, more or less, of what happened in 2017 on the final run up to the blow-off top.
Would that be the end of BTC's bull run now?
Possibly not. BTC could well go on to print 100k+ by the end of the year. But I do see 80k +/- coming in first, followed by a deeper correction into which alts take off.
I could be wrong.
We'll find out together.
Feel free to comment.
I see projections of an Elliot wave E incoming, and much lower than 45. Some say low-30s, or even mid-20s. I lean in the other direction: the completion of the seventh wave of a seven-wave structure. A repeat, more or less, of what happened in 2017 on the final run up to the blow-off top.
Would that be the end of BTC's bull run now?
Possibly not. BTC could well go on to print 100k+ by the end of the year. But I do see 80k +/- coming in first, followed by a deeper correction into which alts take off.
I could be wrong.
We'll find out together.
Feel free to comment.
AgitationZone | TA-focused cryptocurrency Discord channel discord.gg/atGcaRzz
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המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
AgitationZone | TA-focused cryptocurrency Discord channel discord.gg/atGcaRzz
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.