BTC Update to 2018 Chart. 10 Year SuperCycle Analysis
This is an update to my 2018 BTC chart which can be found here:
It's been confirmed that BTC topped out where we analyzed it would maxed out at 63k (69K actual)
The full ten year trend needs to be corrected and we would expect for it to take longer than normal btc corrections. Wave IV termination is what we are now focused on. This is my Elliott Wave Analysis and doesn't guarantee that it's right or better than others. Enjoy. Feel free to send me any comments, always willing to learn.
Most of my charts are private, but would be happy to discuss others. Focusing on GME next until BTC has corrected
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Keep Eyes on DXY, OIL ,SPX and PM's
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In the monthly view. BTC is likely closing below 1M moving average again. Which would confirm downtrend cycle possible setup for a future H&S pattern
Taking another look at BTC/BLX 10 year cycle pitchfork projection. Likely to return to the other side of the Fib zone as it's now confirmed closed below the median and Monthly candles closing below the moving average.
There's a curious 2014 gap that was never filled. Will it be filled...?
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3Month MacD falling commences
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Update to 2018 chart. The previous update failed to reach 10k level and I was off. Whether I miss counted supercycle Wave (V) or we're on an extended flat wave B bounce is in the air. Here are the important levels
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How will Gold nd Silver fare in the advent of crypto? Constitution Article I, Section 10, Clause 1
Trade attivo
~130k to get back above the Multi-Year Support/Resistance Line.
Close below would mean retest of early 2024 prices
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PFork
Trade chiuso: obiettivo raggiunto
Update with Bullish and Bearish Scenario.
Over BTC's history, Five SuperCycle waves have been completed.
Bullish:
Have we begun another series of SuperCycle Waves?
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