BTC long term possibility

Mis à jour
this idea is a combination of fundamental world view .. painted on chart using Elliot wave ..
upcoming 4rth is a primarily a technical trade and not a fundamental trade... however given the current economic situation ( inflation again creeping up and remaining persistent ) forcing central banks to postpone rate cuts , employment and wage situation ( pointing at income distribution and availability of money) it looks like the rally will be short lived and btc may peak out anywhere between 90k-120k.
Note
By harmonizing the waves of market psychology with the fundamentals of economic reality,we can unlock the rhythm of the market.. riding the waves of opportunity while navigating the currents of uncertainty... so elliot gives u insight into market psychology in a booming market and deep understanding of economic realities keeps u well grounded. harmonizing both of these can make u exceptional trader with excellent win : loss , profit :risk and sharpeys ratio.
always rwemember this trading idea is never really a chart based idea... the idea u generate for trade starts from worldview > sectoral view > security analysis (stock analysis) > chart.
so chart is only for execution of the generated idea. its not really a tool for trading idea generation. Most makes this mistake and lose the money.
Note
https:// www. tradingview. com/x/dzZHgmoc/ close the spaces and this is one example.
Note
https:// www .tradingview. com/x/AVyakcD1/
https:// www. tradingview. com/x/wQydBzIZ/
https:// www. tradingview. com/x/NO0hNFbX/
https://t. me/+hJg2aQB79ZczZGM1 link for just created group only for trading purpose.
Transaction en cours
anything between 50k-43k is justified technically (from elliots perspective) ..
Note
U r in buying range ... just accumulate some in spot between this range. or try ur luck ...buy near 49k ..and set stop below 48900 .. if ur leveraged trade stops out dont buy before 43k ... or till u see something good in employment projection releasing on 29th.. or fed gives a positive indication on rate cuts ...
Bitcoin (Cryptocurrency)BTCUSDFundamental AnalysisWave Analysis

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