HI Everyone,
As you all know, i only post when things start to change or if something big is on the horizon, i know there is a lot to digest in my chart but let me explain my analysis.
I still believe that this is wave C of my primary wave meaning that we have not seen our bottom. If this wave C goes above 32917.17 then my Extending primary wave B gets invalidated and this is in fact the beginning of the bull cycle but there will definitely be a big correction to follow.
Wave B's extension x3 will be complete at 31719.00 and this will form our Top of primary wave C and then we should head down to wave 5.
I have two scenarios that should play out,
two we are heading down and will not make another move up.
My reasoning for scenario two depends on when the Fednow launches their digital coin, i believe all hell is going to break lose in July if this happens and if we haven't hit that high yet then we will not get to that level and will continue down to the very lows all have been predicting, but if they hold out then i think we should hit that high and then bitcoin will turn and correct itself.
This move of introducing the Fednow coin i believe will coincide with the crash of the dollar, if not then in a short timeframe thereafter.
look out for news surrounding the Saudi Royal family and their decisions on extending their policy around accepting the Yuan as payment for oil, this will ultimately crash the petro dollar and gazillions of dollars will start making there way back to the USA and we will witness inflation like never before.
The Fed will then plug almost half of the human population in 70 countries into their digital currency and the 34 trillion in debt from the USA alone will become liquid and they will use everyone as their liquidity thus claiming their outstanding debts from all 70 countries.
This control will not come without its controversy and the economy will take another hit.
My advice, support companies that are will to take crypto payments and try not to support the CBDC's making them obsolete and taking back our freedoms.
Let crypto assist in our freedoms, but this is a very exciting time as this new financial system will change generations of wealth to come. Bitcoin will become extremely rare in the next 10 years with XRP, HBAR, XLM, QNT, ALGORAND, XDC and MIOTA driving the new financial system.
Good luck
As you all know, i only post when things start to change or if something big is on the horizon, i know there is a lot to digest in my chart but let me explain my analysis.
I still believe that this is wave C of my primary wave meaning that we have not seen our bottom. If this wave C goes above 32917.17 then my Extending primary wave B gets invalidated and this is in fact the beginning of the bull cycle but there will definitely be a big correction to follow.
Wave B's extension x3 will be complete at 31719.00 and this will form our Top of primary wave C and then we should head down to wave 5.
I have two scenarios that should play out,
two we are heading down and will not make another move up.
My reasoning for scenario two depends on when the Fednow launches their digital coin, i believe all hell is going to break lose in July if this happens and if we haven't hit that high yet then we will not get to that level and will continue down to the very lows all have been predicting, but if they hold out then i think we should hit that high and then bitcoin will turn and correct itself.
This move of introducing the Fednow coin i believe will coincide with the crash of the dollar, if not then in a short timeframe thereafter.
look out for news surrounding the Saudi Royal family and their decisions on extending their policy around accepting the Yuan as payment for oil, this will ultimately crash the petro dollar and gazillions of dollars will start making there way back to the USA and we will witness inflation like never before.
The Fed will then plug almost half of the human population in 70 countries into their digital currency and the 34 trillion in debt from the USA alone will become liquid and they will use everyone as their liquidity thus claiming their outstanding debts from all 70 countries.
This control will not come without its controversy and the economy will take another hit.
My advice, support companies that are will to take crypto payments and try not to support the CBDC's making them obsolete and taking back our freedoms.
Let crypto assist in our freedoms, but this is a very exciting time as this new financial system will change generations of wealth to come. Bitcoin will become extremely rare in the next 10 years with XRP, HBAR, XLM, QNT, ALGORAND, XDC and MIOTA driving the new financial system.
Good luck