🚀#Bitcoin Roadmap to $42,000 till December $2023!🚀
Let's consider two potential scenarios for Bitcoin's path until December 2023:
1. Bitcoin might drop to the lower $30ks and then experience a quick recovery to the $37k -
42K
range.
2. Alternatively, Bitcoin could surge to $37k and then retrace to the lower $30ks before making another push toward
42K
+ level.
In both cases, it seems that Bitcoin is on track to reach the
42K
level.
Additionally, based on my Elliott Wave analysis, it appears that we may be approaching the 4th and 5th waves, followed by an ABC correction.
These two scenarios could confirm my Elliott Wave analysis.
Keep a close watch on the monthly closing prices; I'll provide updates on that.
Be sure to bookmark this chart and follow me for future updates.
Invalidation: If this entire movement turns out to be a deviation, possibly due to ETF manipulation above the $32,000 level.
Remember, $32.3k is a critical level that Bitcoin needs to maintain on daily and weekly for the uptrend to continue.
Please note that this is just my interpretation of the chart, and I could be mistaken. Always do your research. This is not financial advice.
Do share if you like it.
#Crypto
Let's consider two potential scenarios for Bitcoin's path until December 2023:
1. Bitcoin might drop to the lower $30ks and then experience a quick recovery to the $37k -
42K
range. 2. Alternatively, Bitcoin could surge to $37k and then retrace to the lower $30ks before making another push toward
42K
+ level. In both cases, it seems that Bitcoin is on track to reach the
42K
level. Additionally, based on my Elliott Wave analysis, it appears that we may be approaching the 4th and 5th waves, followed by an ABC correction.
These two scenarios could confirm my Elliott Wave analysis.
Keep a close watch on the monthly closing prices; I'll provide updates on that.
Be sure to bookmark this chart and follow me for future updates.
Invalidation: If this entire movement turns out to be a deviation, possibly due to ETF manipulation above the $32,000 level.
Remember, $32.3k is a critical level that Bitcoin needs to maintain on daily and weekly for the uptrend to continue.
Please note that this is just my interpretation of the chart, and I could be mistaken. Always do your research. This is not financial advice.
Do share if you like it.
#Crypto
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