Using Pitchfork which is based on the laws of physics and Elliott Wave I'm getting to a confluence of $141k by cycle-end... my analysis tells me this happens by year-end but Elliott Wave is saying February 2022.... so keep an eye out for a range b/w year-end and Feb 2022.
This is just a preliminary chart - it is likely to change but at least it is indicative of where price may head in Wave 5. Also, the pitchfork connecting the major swing high of Wave 1 to Swing Low of Wave 2 produces a beautiful confluence of Wave 3's top and potentially Wave 5's top.
You can see if the low of $29k is the bottom this will form a rising wedge pattern which can be a reversal pattern as it funnels to the apex - this would again be confluence of a top and then a real bear market where most coins just die off and btc has a 70-80% correction that last years.
This is just a preliminary chart - it is likely to change but at least it is indicative of where price may head in Wave 5. Also, the pitchfork connecting the major swing high of Wave 1 to Swing Low of Wave 2 produces a beautiful confluence of Wave 3's top and potentially Wave 5's top.
You can see if the low of $29k is the bottom this will form a rising wedge pattern which can be a reversal pattern as it funnels to the apex - this would again be confluence of a top and then a real bear market where most coins just die off and btc has a 70-80% correction that last years.