Well, Elliot wave theory on monthly chart with log chart says bitcoin is going into 5th wave of Elliott.
We all know(maybe not all) that Elliott 5th wave is the highest.
The 5th Elliott wave on bitcoin can go between 10k and 10M, so who knows?
Due to scarcity, economic collapse probability, uncertainty and manipulation in current economic system, there's a small chance that this could be possible.
Bitcoin over 10k can happen this year, maybe next year, or, maybe, in the next 10 years.
There could be another crypto created or something else based on blockchain technology that can be very valuable in the future.
Could be dash, who knows?
But for economic transparency, I'd rather trust something that can't be tampered with by central banks, private banks and the likes with fiat currency. We live in fiat world for now, but how long is it going to last?
The wealth transfer going on with fiat currencies and the grid of control built on it puts in question if current system has the best interests for us.
The future of society must be based on transparency and trust and at the moment, bitcoin is the best current solution.
Edit:
0ABCDE wave is symbolic, just to be different from I II III IV V Elliott Bearish wave.
We all know(maybe not all) that Elliott 5th wave is the highest.
The 5th Elliott wave on bitcoin can go between 10k and 10M, so who knows?
Due to scarcity, economic collapse probability, uncertainty and manipulation in current economic system, there's a small chance that this could be possible.
Bitcoin over 10k can happen this year, maybe next year, or, maybe, in the next 10 years.
There could be another crypto created or something else based on blockchain technology that can be very valuable in the future.
Could be dash, who knows?
But for economic transparency, I'd rather trust something that can't be tampered with by central banks, private banks and the likes with fiat currency. We live in fiat world for now, but how long is it going to last?
The wealth transfer going on with fiat currencies and the grid of control built on it puts in question if current system has the best interests for us.
The future of society must be based on transparency and trust and at the moment, bitcoin is the best current solution.
Edit:
0ABCDE wave is symbolic, just to be different from I II III IV V Elliott Bearish wave.
