RagNar87ro

BItcoin Monthly chart | elliott wave |

COINBASE:BTCUSD   Bitcoin
As you see in the chart we finished a 5 waves to complete a cicle (bull market ) this became an wave 1 and we are expecting an wave 2 (bear market ) , this waves 2 are very deep retracements , in the chart you have the minimum targets that wave 2 must hit . Another mega bearish scenario will be we will have a bottom soon but this 5 waves down could be just the wave A , we will have a pump from 14k to 38k that will fool a lot of people the bear market is over ..... But will be just an wave B and a C wave willl bring btc bellow 10k , from this projection way way ahead of time i set targets most usual for btc and the outcome will be 7.2k btc.

This ABC will take a lot of time , using a fib time this could end in winter 23 . Till then we will see more price action and i will update charts .

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