khatribhavin20

Bitcoin will not have bull cycle top in 2021

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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Bitcoin is repeating the same correction pattern which was observed during wave 2 of elliot impulse wave.

Wave 1 : Dec 2018 - June 2019 ( Increase : 4X)
Correction Wave 2 : July 2019 - Feb 2020
Wave 3 : March 2020 - April 2021 (Increase : 16X)
Expected Correction Wave 4 : May 2021 - December 2021
Expected Wave 5 : Jan 2022 - Oct 2022 (Increase expected : 14x )

Comments

Interesting analysis.
+1 Reply