$BTC TOP 20
Added 2024-02-14 12:12:48 +0000 UTC$BTC is running fast now since finding support on the 0.38 Fib at $39.7k and is now up over 22% now in 3 weeks.
I have been building up my $ETH position so I have been benefiting from these two front runners during this rally.
$BTC I believe will continue to run up to at least our Wave 5 target at $56.7k....I have only set Wave 5 at the 2 Fib, but as we know, Wave 5's can go extended so this could go a lot higher.....for example, $MSFT hit the 2.618 Fib and $SHOP, which would be $66.6k here....I never plan for extended runs like this however but remember that it is a possibility and normal in Wave 5's.
Comments
and this cycle, ETFs are loading up...makes you go Hmmm???
House of Wick
2024-02-17 13:57:37 +0000 UTCYour, BTC chart is impressively accurate for many months. Your last chart was showing a severe correction after wave 5... Going as low as 35K. I still wondering, knowing the halving is in less than 2 months, if it can really go this low. Do you think this kind of correction can still be possible? If we were applying the EW theory to the previous halving cycles, where it always go parabolic, would the theory still works ? Just for my own understanding... Thanks
Luc
2024-02-14 15:37:50 +0000 UTC
