ItsShowtime

Bitcoin at 420k ish by 2022!

Long
ItsShowtime Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC Nearly hit FIB extension in log scale at 20k when it finished its grand super cycle 3 wave in 2017.

It might hit the overlapped FIB extensions around 420k when finishing its grand super cycle 5 wave in 2022.

Used:
Log Scale Chart.
EW 12345 Impulsive wave (Grand Super Cycle).
Fibonacci Extensions in Log Scale mode.
Price Range tool to proof the upcoming cycle prediction to be realistic compared to previous market cycles..

Let's not get ahead of ourselves and trade the current trend though.
Comment:
So far so good ;-)

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