This chart predicts that Bitcoin has completed Elliot waves 1 to 5 from November 2011 to November 2021.
EW time analysis suggests the bottom should arrive at a golden ratio of that 10 year time period or longer (Nov '21 plus 6.18 years brings us to ~ January 1st, 2028).
I predict that price bottoms somewhere between US$11,111 and $26,666 per bitcoin.
EW time analysis suggests the bottom should arrive at a golden ratio of that 10 year time period or longer (Nov '21 plus 6.18 years brings us to ~ January 1st, 2028).
I predict that price bottoms somewhere between US$11,111 and $26,666 per bitcoin.
Trade closed: target reached
Bitcoin appears to have bottomed around $15.5K USD
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.