This is what I see in bitcoin, and it is the reason because I am a bear on bitcoin.
For me, looks like we're at the top of the phase B.
If you want to see as Elliot's waves.
We're at the end of the 5th waves. ABC corrections with extensive C... should bring bitcoin to the 1k-2k zone.
If I am wrong, I'll feel well, because my altcoins will be worth too.
If I am right, I'll feel well, because I will buy bitcoin cheaper than now (and just wait more time holding alts, at the same time buying cheaper)
We will see at 1k before 2030...
For trading: 5-7k
For holding: 650, 1k, 2k
Targets: 600k. 1MM. 2MM
For me, looks like we're at the top of the phase B.
If you want to see as Elliot's waves.
We're at the end of the 5th waves. ABC corrections with extensive C... should bring bitcoin to the 1k-2k zone.
If I am wrong, I'll feel well, because my altcoins will be worth too.
If I am right, I'll feel well, because I will buy bitcoin cheaper than now (and just wait more time holding alts, at the same time buying cheaper)
We will see at 1k before 2030...
For trading: 5-7k
For holding: 650, 1k, 2k
Targets: 600k. 1MM. 2MM
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