THERE IS STILL ONE STEP LEFT!
Hello old friends, my companions know that I do not offer much analysis, but rather try to clarify the purpose.
Today I will examine the chart from several perspectives.
The first fundamental view: regardless of the numbers that are heard from the financial markets, especially in the United States, and the lead of the election candidates in the primary polls, everyone imagines a significant growth after the victory of Donald Trump. But do not forget that Bitcoin will grow when It causes the US dollar to weaken and that's when the challenger wins, like the previous president... so don't get caught up in the numbers, the path to today is smooth..
In the technical phase, the chart says it all..there is a path left until the triple sell..we had A=A in the logarithmic chart in the previous periods, the bullish X flag pattern after the 3-year consolidation is exactly in line with the target My suggestion to complete the pattern would be B=B..so we are still in a wave 3 to 4 Elliott and wave 5 is not completed with the target of 270000 range..
I am wondering from friends who have wrong wave counting, the principles of Elliott waves will be the non-overlapping of wave 1 in wave 4, this is the most basic! But again, the impulse to 71000 is considered as a corrective abc wave of 5 complementary waves!
We will wait for the 44000 range and make purchases. Finally, breaking out of the pattern, we will sell in the pullback with minimal loss.. but we consider the risk to reward.. sweeter than eating a summer watermelon in the fall. So wait...
44000 to 275000 in 2025-2026
Today I will examine the chart from several perspectives.
The first fundamental view: regardless of the numbers that are heard from the financial markets, especially in the United States, and the lead of the election candidates in the primary polls, everyone imagines a significant growth after the victory of Donald Trump. But do not forget that Bitcoin will grow when It causes the US dollar to weaken and that's when the challenger wins, like the previous president... so don't get caught up in the numbers, the path to today is smooth..
In the technical phase, the chart says it all..there is a path left until the triple sell..we had A=A in the logarithmic chart in the previous periods, the bullish X flag pattern after the 3-year consolidation is exactly in line with the target My suggestion to complete the pattern would be B=B..so we are still in a wave 3 to 4 Elliott and wave 5 is not completed with the target of 270000 range..
I am wondering from friends who have wrong wave counting, the principles of Elliott waves will be the non-overlapping of wave 1 in wave 4, this is the most basic! But again, the impulse to 71000 is considered as a corrective abc wave of 5 complementary waves!
We will wait for the 44000 range and make purchases. Finally, breaking out of the pattern, we will sell in the pullback with minimal loss.. but we consider the risk to reward.. sweeter than eating a summer watermelon in the fall. So wait...
44000 to 275000 in 2025-2026
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