We've seen Bitcoin (BTCUSD) predictions for the future that range from $100 to $1,120 all the way to $1,000,000 and beyond.
We would like to be more conservative and use some known tools for a long term Bitcoin prediction... Let's take a look... But before we get started, feel free to hit like now if you want to show us some love and support.
We are using the 12345 Impulse wave structure from the
Wave Principle Theory by Elliot Wave.
We used Fibonacci proportions to reach our top target of
$82,352, which matches perfectly the 5th Wave.
The MACD supports this move.
The RSI hit its lowest point, is now bullish and can also support this move.
What's your take on Bitcoin long term?
Leave us a comment in the comments section below.
Thanks a lot for reading.
Thanks a lot for your amazing and continued support.