Hello my Tradingview family!.
Thank you for tuning into this short Bitcoin update.
Today I decided to break down the chart as simple as possible.
As you can see the support and resistance are clear.
Elliott wave count showing big picture 3 wave coming.
Elliott waves are also showing a 3 wave coming on the smaller time frames.
With that being said if Bitcoin pulls back -20% before shooting past resistance DO NOT BE SHOCKED.
Dips need to happen along the way up but the TREND is evident.
Bullish markets are very profitable if you have the guts to buy the panic.
I will be buying if Bitcoin drops 20%.
Altcoins look primed for a breakout. (could lead to Bitcoin drop)
Either way, I am expecting new all-time highs.
100k in this cycle wouldn't take me off guard.
Thank you.
Thank you for tuning into this short Bitcoin update.
Today I decided to break down the chart as simple as possible.
As you can see the support and resistance are clear.
Elliott wave count showing big picture 3 wave coming.
Elliott waves are also showing a 3 wave coming on the smaller time frames.
With that being said if Bitcoin pulls back -20% before shooting past resistance DO NOT BE SHOCKED.
Dips need to happen along the way up but the TREND is evident.
Bullish markets are very profitable if you have the guts to buy the panic.
I will be buying if Bitcoin drops 20%.
Altcoins look primed for a breakout. (could lead to Bitcoin drop)
Either way, I am expecting new all-time highs.
100k in this cycle wouldn't take me off guard.
Thank you.