bitcoin in this cycle shall not come lower than 20K and target is 330K by May 2025.
so far similarity with 2015-2018 is 100% and it needs two confirmations for 700K+ first 32k to 22k and second 49k to 32k.
i think this analysis with high probability will happen.
a 7 years cycle near ending with 5 waves. not financial advice
Three unusual dump and pump for Bitcoin history so far: 1- 2022 price dumped to 8000$ 2- 2023 price pumped to 140000$ 3- 2023 price dumped to 2700$ i want to say all crypto holders will rekt!!! why? because they never allow folks by holding crypto making millions or billions. these are all signs that big players of market are dumping and pumping exclusively...
Dow Jones has broken an important fibonacci sequence (28000) and ready to hit 46000 as next resistance. when dow jones is bullish all markets will rise.
etherium is repeating bitcoin's performance during rally of 2015-2017 with same target, its a chance to hit 19000.
after reviewing some stock markets history and my wave analysis i reached to this.
based on observations of the previous cycle i think this is the path.
i think it's a meaningful elliott waves counting. not financial advice
november 2015 to december 2017 Fib 2.414 @ 20000 november 2023 to december 2025 Fib 2.414 @ 560000 2010 to 2017 almost 7 years cycle with 5 waves. 2019 to 2025 almost 7 years cycle with 5 waves.
it's possible price never go lower than 25000 in this cycle. not financial advice
just an idea and i think 250K be possible by November 2025 or sooner. not financial advice.
usdt dominance short term correction but this structure is very strong. be careful. 😂
current uptrend only until 4 december buy zone(crash) 4 december until 27 may 2024 ATH 16 december 2024 until 20 january 2025
this is like last cycle and if repeat itself again can hit 175000. not financial advice
i just found this bar pattern and let's see if repeats again.....
i think very likely support zone around 25k will hold and elevates it to 40k+ by summer.