Wave 3 still in progress!
Expecting Wave 3 to be at least twice the length as the (Circled Wave 1).
Targets up and around the upper (RED) trendline zone.
$65,000-$85000.
Acceleration will happen quickly once all the filed ETF's are approved.
Notes:
Going off of past cycles and with the Bitcoin halving coming up in April of 2024. It will be interesting to see what the correction could look like this time around leading up to the halving. Or will we even see a correction like we are use to?
Long Term View: Cycle Top Zone.
Bitcoins long term pattern looks to be as an ending diagonal with a cycle top zone
around 85k-100K.
Expecting Wave 3 to be at least twice the length as the (Circled Wave 1).
Targets up and around the upper (RED) trendline zone.
$65,000-$85000.
Acceleration will happen quickly once all the filed ETF's are approved.
Notes:
Going off of past cycles and with the Bitcoin halving coming up in April of 2024. It will be interesting to see what the correction could look like this time around leading up to the halving. Or will we even see a correction like we are use to?
Long Term View: Cycle Top Zone.
Bitcoins long term pattern looks to be as an ending diagonal with a cycle top zone
around 85k-100K.