According to my Elliot Wave Count, I do believe our local top will be around 48K which is in confluence with .618 fibonacci ratio as well as trend based fib extension ratio of 2.236 level. Therefore, if a WXY wave is forming then I expect us to have strong resistance at 48k level and from there go onto form a three wave of ending wave Z. The end of this XYZ wave would be around 22-25k (depending on how high the X wave would go to). This is estimated from trend based fib extension from swing high to swing low.
P.S - This is not financial advice AND I DO HOPE IN ALL SERIOUSNESS THAT MY ELLIOT WAVE COUNT IS WRONG BECAUSE I WANT TO FEAST IN VALHALLA WITH ODIN AS WE WATCH BITCOIN ROCKET TO THE MOON!
lA HASTA!
P.S - This is not financial advice AND I DO HOPE IN ALL SERIOUSNESS THAT MY ELLIOT WAVE COUNT IS WRONG BECAUSE I WANT TO FEAST IN VALHALLA WITH ODIN AS WE WATCH BITCOIN ROCKET TO THE MOON!
lA HASTA!
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