wali4

BTC ~$350 & DXY $108.... Scenario

Long
TVC:DXY   U.S. Dollar Index
Looking at the Elliot Waves, i see something interesting. Therefore, just simply sharing some thoughts.... Again, just my thoughts on how the market might play out over next year or so... just for fun... lets see how this will play out.

Here are some rough timelines i am thinking for the last few waves....

DXY:
- DXY (usd) wave 3 - Almost complete (NOV 2022)- wave 3 of 5.
- DXY wave 4: Wave 4 correction -> Dec to feb/March 2022.
- DXY wave 5: feb/March 2022 to feb/March 2023. Target $107-$108

BTC:
- BTC: Wave 5of5: Dec to feb/March 2022. >> My Target is around $350k. ( :) ). I posted my btc chart long time ago, but can repost.
- BTC correction: feb/march 2022 to March 2023 >> bottom back around - $60k ish?


Not a financial advice, simply my analysis & thoughts for fun...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.