KondrackiKarl

Bitcoin to $25k by March 2021? Wave 2 complete?

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KondrackiKarl Uppdaterad   
COINBASE:BTCUSD   Bitcoin
Looks like Bitcoin found the end of its correction.
Wave 3 target $25k by march 2021
Busy market so Ill give a more detailed analysis soon.
BTW Called $7250 as a bottom back in July so pretty proud of that

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As a test

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Waves 1-2 of 3 estimate

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If i use log scale to estimate a wave 3 target then I get $81k in january 2021
1.618% extension of wave 1

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Prices fell below the Ice down towards the
deep river (terminus of the fourth wave of one lesser degree)
offering a potential spring opportunity.
Rising prices could quickly become impulsive.
A rejection would indicate a range bound market.
Still a chance to fall to $5500 but very low probability


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