Based on my all-time Bitcoin Wavemap and many confirmations found within recent price action, I believe that Bitcoin has a great chance at attaining the historically elusive $100K price tag.
Forming an Extended Diagonal pattern from the range of $29K, I predicted in August of 2021 that the world's Digital King would make a shocking return to the range of $35,000. Constantly looking to discover indication in the form of price action, my recent assessment suggests that Bitcoin has yet to reach its bottom.
$30K will likely get tapped and take off but to where could the next destination potentially be? Employing the almighty Elliott Wave Theory as guide, I predict that Bitcoin will minimally make an all-time high very near $70K. Taking advantage of more complex technical methods and basic trend line leveling, I more specifically think Bitcoin have a great chance of seeing the range of $76,000-$106,000. A $30,000 price range is a decent 'target' but realistically a very large zone. To locate more profitable and timely ATH positioning, I will once again look for indication within the pending micro waves.
So long as $28977.09 holds as support, it should be treated as major confirmation for this idea :)
Stay safe and don't drown. I'll be on the waves 🌊🏄🏿
Grab a board?
Forming an Extended Diagonal pattern from the range of $29K, I predicted in August of 2021 that the world's Digital King would make a shocking return to the range of $35,000. Constantly looking to discover indication in the form of price action, my recent assessment suggests that Bitcoin has yet to reach its bottom.
$30K will likely get tapped and take off but to where could the next destination potentially be? Employing the almighty Elliott Wave Theory as guide, I predict that Bitcoin will minimally make an all-time high very near $70K. Taking advantage of more complex technical methods and basic trend line leveling, I more specifically think Bitcoin have a great chance of seeing the range of $76,000-$106,000. A $30,000 price range is a decent 'target' but realistically a very large zone. To locate more profitable and timely ATH positioning, I will once again look for indication within the pending micro waves.
So long as $28977.09 holds as support, it should be treated as major confirmation for this idea :)
Stay safe and don't drown. I'll be on the waves 🌊🏄🏿
Grab a board?
Nota
$29471 is actually the price point that has to hold, in order for this idea to remain valid.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.