Forecasting 5 macro ElliotWaves to the 13.618 fib ext blowoff to

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hi everyone,

Here's a long term idea for Bitcoin on the monthly chart.

We present 5 rough Elliot waves up to the Jan 2021 target right at the 13.618 fib extension.

The 13.618 Fibonacci extension (retracement drawn from the 2017 ATH to the 2018 bear market low) proved to be the top in the previous cycle). We project that it may also be the top in this current cycle ending at Jan 2021.

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