If this accurate, Bitcoin might have one of the peculiar Elliot waves cycles.
The cycles so far as we can see have been clearly lengthening, but will it continue? What I am proposing here goes against that narrative but is within cycle parameters and structure as shown with the labeled length in bars .
We are on the monthly chart here so every bar is one month.
This is not a prediction of any sort but a wave analysis and what would be fairly surprising for a lot of people yet not derailing and still falling within past cycles.
Looking at this, I really think this would catch a lot of people of guard at cycles end while correcting and preparing for the next wave most likely entering 2030. The correction would be devastating and destroy all belief in the asset. It would most likely obliterate most altcoins, only the truly good projects would survive.
Let me know what you think down below.
This is no means investment advice and should not be taken as such.
Remember, we the people are Satoshi!!
Thank you
WeAreSat0shi
The cycles so far as we can see have been clearly lengthening, but will it continue? What I am proposing here goes against that narrative but is within cycle parameters and structure as shown with the labeled length in bars .
We are on the monthly chart here so every bar is one month.
This is not a prediction of any sort but a wave analysis and what would be fairly surprising for a lot of people yet not derailing and still falling within past cycles.
Looking at this, I really think this would catch a lot of people of guard at cycles end while correcting and preparing for the next wave most likely entering 2030. The correction would be devastating and destroy all belief in the asset. It would most likely obliterate most altcoins, only the truly good projects would survive.
Let me know what you think down below.
This is no means investment advice and should not be taken as such.
Remember, we the people are Satoshi!!
Thank you
WeAreSat0shi
tiktok.com/@wearesat0sh1
