alarreal

alarreal

Two possible paths to finish the cool off period and continue on the bull trend.

alarreal

We're not done with our correction. We're seeing a bounce off the 100 day MA, we should see some resistance at the 50 day MA at around $57k, come back down to retest the 20 week MA (around $47k by the time we test it again) and then lift off for a new all-time high.

alarreal

Analysis on 5-wave with a flat ABC correction, before starting another wave cycle

alarreal

2 - 26 - 2021: Peak prediction based on the 2-year MA, logarithmic regression, and 2017's trajectory after the last major correction before the peak.

alarreal Updated 

2-25-21: I expect price levels to go back up to $56k and then drop back down to the $42k resistance level, a drop below $40k seems unlikely. Bounce off of $42k to test resistance at $58k, then go back into price discovery mode.