FrederickDupont

Mid Term Projection On Bitcoin

FrederickDupont Mis à jour   
BITSTAMP:BTCUSD   Bitcoin
Same cycle, just weaker & slower form one cycle to another. I still think bitcoin is in a bull market and I'm pretty sure we got our bottom for wave 2 at 4k. We are entering wave 3 now of the Elliott wave pattern, volume is good. I'm confident. I also think bitcoin's gonna reach at least 50k in this bull run. Yes, the curve is flattening on bitcoin but this is just part of the evolution. In every new asset or market you will see a flattening curve overtime, however the growth will still be there.

***LOGARITHMIC CHART***

Stay tuned guys, I'll try to update you more frequently.

peace

Transaction en cours:
We're midway thru wave 3!
Transaction en cours:
wave 3 is over, we're now in the middle of wave 4... Target for wave 4 is 25k.
Commentaire:
Are we near the end of wave 4 ? Possible.

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