This chart is a second look at " Bitcoins Peculiar Elliot waves"
In this analysis we are assuming that wave 3 has not finished yet, but should do so by summer next year. June @ 95 bars would mark a 2.5 lengthened cycle from the first first wave. The next look is into an a possible extended bear market with the bar length all clearly marked, at this point for me it's just an educated guess.
I want to note that price is not the emphasis of this outlook, it is cycle and time line based...So please don't get caught up on price points.
I have listed the original "bitcoins Peculiar Elliot Waves" in this chart as well. take a look and let me know what you think down below.
The answer to this one is sooner than later so we'll know how valid this cycle analysis is by midpoint next year.
Also please do not take any of this as investment advice, it's just an observation and should be taken as educational.
Thank you for looking and stay blessed!
WeAreSat0shi
In this analysis we are assuming that wave 3 has not finished yet, but should do so by summer next year. June @ 95 bars would mark a 2.5 lengthened cycle from the first first wave. The next look is into an a possible extended bear market with the bar length all clearly marked, at this point for me it's just an educated guess.
I want to note that price is not the emphasis of this outlook, it is cycle and time line based...So please don't get caught up on price points.
I have listed the original "bitcoins Peculiar Elliot Waves" in this chart as well. take a look and let me know what you think down below.
The answer to this one is sooner than later so we'll know how valid this cycle analysis is by midpoint next year.
Also please do not take any of this as investment advice, it's just an observation and should be taken as educational.
Thank you for looking and stay blessed!
WeAreSat0shi
tiktok.com/@wearesat0sh1
