Why BTC will never hit 15K by the end of this year

3 Sep 2020

From its inception back in 2011, BTC has followed to a T the Elliot Impulse Wave & it looks very likely that it is currently undergoing an ABCDE correction. In all likelihood wave D is confirmed and we are now going to dump to confirm wave E which according to the rules of an ABCDE correction, must be higher than wave C with the latter being higher than wave A, which as you can clearly see, has already played out as well. Another Possibility could be that wave D is not yet confirmed & we will pump to 13.9 thus increasing the size of the ascending triangle we are currently in which will further prolong our progression to an ATH.