$79k ATH target September - Wyckoff Top
Updated
Updated Wyckoff Scenario Based on New Data and Trends
- The Selling Climax at the Sign of Weakness (SOW) is now complete.
- Next stage is the retake of the mid-range (still at $64,500).
- Bitcoin's price is expected to experience an upward thrust during the western summer, reaching a new all-time high (ATH) of $79,000.
- Phase B is projected to conclude by the end of 2024.
- A breakdown from the current structure is anticipated around mid-2025.
ALTs are expected to perform well over the next few months, hitting their Q1 head and shoulders (H&S) sell targets last week.
Expecting a similar formation to 2021 https://www.tradingview.com/x/WNiV37qq/
Best, Hard Forky
- The Selling Climax at the Sign of Weakness (SOW) is now complete.
- Next stage is the retake of the mid-range (still at $64,500).
- Bitcoin's price is expected to experience an upward thrust during the western summer, reaching a new all-time high (ATH) of $79,000.
- Phase B is projected to conclude by the end of 2024.
- A breakdown from the current structure is anticipated around mid-2025.
ALTs are expected to perform well over the next few months, hitting their Q1 head and shoulders (H&S) sell targets last week.
Expecting a similar formation to 2021 https://www.tradingview.com/x/WNiV37qq/
Best, Hard Forky
Note
Approaching 66k initial takeprofit target - Note
initial takeprofit target - Note
Note
leg 2 on target. Note
Local Short closed 
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