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BTC to reach 100K in 2023
Bitcoin / TetherUS
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BTC to reach 100K in 2023
Oleh moszinet
Ikuti
Ikuti
7 Sep 2021
2
8
8
7 Sep 2021
Chart: 1 month timeframe, Logarithmic scale
Indicator: Stochastic
Analysis made based on Elliot Waves, on the monthly logarithmic scale:
One possible wave count suggest that we had wave 3 already and we are currently in wave 4
If we are in wave 4, an ABC pattern is underway to be formed
Using some simple Fibonacci projections we can see two possible targets:
Soon a reversal with wave C with a possible level of around 20K
After wave 4 finishes, a possible wave 5 could be formed with the target of 100K
Bitcoin (Cryptocurrency)
Bullish Patterns
moonshot
Wave Analysis
moszinet
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