BTCUSD Will Rally In Multi-Leg Phase Targeting $104k
My longer-term research suggests BTCUSD will rally through multiple trending-flagging stages and attempt to reach the $104 area before the end of 2025.
My broader market research suggests a unique underlying market phenomenon is taking place, and a Vortex Rally will initiate throughout the end of 2024.
This Vortex Rally phase is a "decoupling" event between the US economy and other global economies. It will most likely be seen in Asian economies.
Because of this, I believe hedge assets will see a fantastic benefit over the next 16 to 48 months. Gold, Silver, and Bitcoin will all increase over the next 16+ months as global traders attempt to hedge against this Vortex Rally and weaker currency rates.
Of course, this move in Bitcoin will happen in stages (phases or legs). The price does not go straight up. It always moves through trending/flagging phases.
Get ready. Defending this 57k level is critical for the next move up to $70.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
My broader market research suggests a unique underlying market phenomenon is taking place, and a Vortex Rally will initiate throughout the end of 2024.
This Vortex Rally phase is a "decoupling" event between the US economy and other global economies. It will most likely be seen in Asian economies.
Because of this, I believe hedge assets will see a fantastic benefit over the next 16 to 48 months. Gold, Silver, and Bitcoin will all increase over the next 16+ months as global traders attempt to hedge against this Vortex Rally and weaker currency rates.
Of course, this move in Bitcoin will happen in stages (phases or legs). The price does not go straight up. It always moves through trending/flagging phases.
Get ready. Defending this 57k level is critical for the next move up to $70.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
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