Many have speculated that BTC will have a double top bull cycle (like in 2013). If that were to happen, we may begin the next run up after breaking to the upside upon completion of the falling wedge pattern shown in the chart. Using a FIB Fan and five-point Elliot Wave, this chart shows what the next run could look like if a new ATH is looming nearby.
Note
I wrote the description while sipping on some scotch. I realize the chart doesn't show ATH... My apologies.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.
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.