This chart presents a BTC/USDT price projection using Elliott Wave analysis on the daily timeframe. The chart indicates a potential "blow-off top" scenario approaching above the $127,000 level, so 140,000.
The overall structure aligns with wave theory, suggesting a continued bullish trend into 2025.
We are now in Market Cycle Corrective Wave 3. No, Bitcoin will not dump to 60,000 $.
Don't get FOMO!
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