MyTradingSpace_JK

BTC (3D) - Big Picture Outlook, Target Timeline & Price Levels

Long
BITFINEX:BTCUSD   Bitcoin
Warning! doing my crystal ball magic wand prediction again. :-p

last time i did a major wave count, it pointed to 2018-19 bottom at 3.5-4.5k, someone suggested i go predict the weather too lol..

well, prev prediction of $3.5-4k bottom (2018-2019) ✅ & the subsequent new ATH to $70-100k by 2022 ✅ (missed by a bit, ATH was $69k in 2021);
both targets considered achieved, as of writing. links below.

so, here's my 'doodling' for 2022-2024, take it with a pinch of salt ;p
bottoming > consolidate > breakout channel to retest ATH, spanning a 2yr period.

This bottoming process may well be shortened/accelerated by:
  • 1) Fed restarting the money printer: further eroding confidence on the Dollar as global reserve currency.
  • 2) The World fast forward to CBDC implementation: further amplifying BTC's privacy, anti-censorship, decentralized qualities.

Doing the wave count, technical & macro research for my own stack of sats too. In fact, if happen as predicted, this upcoming BTC bull wave will be able to shield me & family from the financial disaster from potential Dollar collapse / authoritarian & tyranny of CBDC. Do hope it helps you in some ways too. :-)

Look forward to check back on this post 1,2yrs down the road.
Let's HODL for wealth protection~ Cheers! 🥂🥂
Comment:
2018 Post: Wave Count to 3.5-4.5k Bottom

Comment:
2020 Post: Projection to New ATH 70-100k by 2022


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