spyxo2x

Bitcoin Longterm ABC

Short
spyxo2x Updated   
GEMINI:BTCUSD   Bitcoin
-Hawk
Comment:
Long-term Analysis of Bitcoin

It seems to me, as though almost everyone is bullish on Bitcoin right now.

Sure, some are expecting a correction to 7k or 6k, however almost everyone believes that we will see another rally above 10k at some point in the near future.


Here is an Elliott Wave count I've made, for the large timeframe. From what I can tell, this large corrective cycle that started in 2017 is still ongoing.


Final Target: 2.2k
Approximate Date: May/June 2021


After Mid 2021, I believe that we will see another bull run powered by DeFi and FIAT Inflation.

In my opinion, Ethereum and Doge are going to do extremely well in the next decade.



Good Luck,
Hawk
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