Please zoom in and out on the chart to take full advantage of this analysis.
From this longer-term chart, continuing on from the 2019 Bitcoin Analysis, we can see numerous events have played out since.
Our elliott wave model shows us impulse buy, corrective short and then a strong move towards the upside! With the help of fibonnaci we are able to accurately predict the key bottom and top for bitcoin in this chart based on the 3d timeframe.
We can also see here there is divergences on the stochastic rsi, indicating the decline in prices from ath and now indicating bullish pressure while the fud machine is switched on.
Bitcoin has not closed below the previous ath demand zone on 3d chart however it has tapped into it and rejected it, indicating we can go higher...
Blue lines indicate a big move is coming! this is the 3d chart so this could be huge.
I know bullish sentiment is hated in this space right now but it is nice to have hope, maybe the elites want to drive down prices to buy back in lower? crypto is on discount no matter what the price is until we break 69k.. i mean, even the volume is good :)
Don't be left out, not financial advice and do your own research as always however this could be an amazing opportunity.
We are very excited for this to play out :)
From this longer-term chart, continuing on from the 2019 Bitcoin Analysis, we can see numerous events have played out since.
Our elliott wave model shows us impulse buy, corrective short and then a strong move towards the upside! With the help of fibonnaci we are able to accurately predict the key bottom and top for bitcoin in this chart based on the 3d timeframe.
We can also see here there is divergences on the stochastic rsi, indicating the decline in prices from ath and now indicating bullish pressure while the fud machine is switched on.
Bitcoin has not closed below the previous ath demand zone on 3d chart however it has tapped into it and rejected it, indicating we can go higher...
Blue lines indicate a big move is coming! this is the 3d chart so this could be huge.
I know bullish sentiment is hated in this space right now but it is nice to have hope, maybe the elites want to drive down prices to buy back in lower? crypto is on discount no matter what the price is until we break 69k.. i mean, even the volume is good :)
Don't be left out, not financial advice and do your own research as always however this could be an amazing opportunity.
We are very excited for this to play out :)
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