I believe we are nearing the end of the 2nd wave of the current long term 3-wave correction, which started in mid-April.
Currently, we can see a reversal pattern forming. I expect this reversal pattern to terminate around $72 nominal before the start of the 3rd leg down to around $35K nominal. This would be an amazing buy opportunity as my longer time frame targets are above $100K as we continue to see adoption of this as an inflationary hedge.
Currently, we can see a reversal pattern forming. I expect this reversal pattern to terminate around $72 nominal before the start of the 3rd leg down to around $35K nominal. This would be an amazing buy opportunity as my longer time frame targets are above $100K as we continue to see adoption of this as an inflationary hedge.
