brettfb

BTC 10-year rough estimate EW & Fib

Long
brettfb Updated   
COINBASE:BTCUSD   Bitcoin
Anything's possible when you're working with a finite asset in a world where:
  • Inflation is constantly rising and multiple fiat currencies continue to fail.
  • New sources for rare earth elements and precious metals are constantly being discovered.
  • The overall output of society continues to rise.
This is a (very) rough estimate based on Elliot Wave Principle and Fibonacci (price & time) retracements/extensions.
Trade active:
Nearly confirmed breakout from the symmetric triangle (zoom way in)
Trade active:
EWC reached. EW3 most likely incoming
Comment:
Still active... Still working.
Trade active:
Trade active:
Hi POLITICS. press the play button at the top. I posted this on 12/11/2021. That's 2 years, 2 months, and 18 days ago.
Comment:
I may heve messed up 4. We won't know unless the previous ATH is broken. It's getting close, but not quite there yet. Something like this makes sense:

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