In this video, I'm just excited to see the cup and handle analysis done on October 19th, 2024 reach it's target. It's amazing! 
I decided to do some predictive analysis using Elliott wave concept and Fibonacci extensions to see how far Bitcoin will go.
I am convinced that on the timeframe analyzed, this is onto a wave 5 and so pullbacks are going to be a great opportunity to grab some while a lot people will think this is madness.
My cup and handle analysis and targets getting hit has taught me a great lesson to always look at the bigger picture while taking advantage of the micro view.
Cheer to all the longs and Bitcoin believers. With only 1.11 Million Bitcoin available for grabs and Institutional confidence behind the asset, I am confident the projected price targets are highly likely and in sight soon.
I decided to do some predictive analysis using Elliott wave concept and Fibonacci extensions to see how far Bitcoin will go.
I am convinced that on the timeframe analyzed, this is onto a wave 5 and so pullbacks are going to be a great opportunity to grab some while a lot people will think this is madness.
My cup and handle analysis and targets getting hit has taught me a great lesson to always look at the bigger picture while taking advantage of the micro view.
Cheer to all the longs and Bitcoin believers. With only 1.11 Million Bitcoin available for grabs and Institutional confidence behind the asset, I am confident the projected price targets are highly likely and in sight soon.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.