Its amazing how many points in both elliott wave and fibonacci analysis match up perfectly to a smaller version of what we saw from dec to march. if it were to come true, we are looking to a retrace of 0.618 ($38,500) before another strong bounce upsward. A new 1,2,3,4,5 wave. Could you imagine what that would look like? Wave 2 of a new super set?
Honestly i think its too good to be true. I'm concerned. What that would mean for the rest of crypto (as you will see on my next post using the BTC Dominance chart.....Its gonna take a WHOLE LOT of mass adoption to carry us (along with $ETH and the other large cap alts) beyond prior ATH.
Seriously....$SOL, $ETH, $ADA, $BNB, $DOT, $XRP......AND $BTC?
Either the alts acquiesce BIG to a $BTC/$ETH revival, or this party's over before it began. Too many 100x chasers and not enough LARGE institutional adoption. UNLESS there is straight equity and currency FOMO into $BTC.
Honestly i think its too good to be true. I'm concerned. What that would mean for the rest of crypto (as you will see on my next post using the BTC Dominance chart.....Its gonna take a WHOLE LOT of mass adoption to carry us (along with $ETH and the other large cap alts) beyond prior ATH.
Seriously....$SOL, $ETH, $ADA, $BNB, $DOT, $XRP......AND $BTC?
Either the alts acquiesce BIG to a $BTC/$ETH revival, or this party's over before it began. Too many 100x chasers and not enough LARGE institutional adoption. UNLESS there is straight equity and currency FOMO into $BTC.