31th january 2023 BTC price will reach something between 265000-387000$ ,,, not an advice..
I usually working on fractals than price action, but if you look at the monthly chart you see that BTC passed two 4-year cycle with target at Fib 2.38 with length of 49 Bar(1491 Days). so with considering elliott wave theory we must be in third cycle with exact those specifications Fib 2.38 with(49 Bar 1491 days). calculations shows Fib 2.38 with 49 bar (1491...
With this three drives pattern everything become simple! Not an advice
There is an interesting correlation between BTC (Bitcoin ) and US10Y (US Government Bonds 10YR Yield).
Somebody think we are on last wave, but i think previous macro cycle was reseted by covid-19 crash and now we are in first of a new cycle.