Bitcoin

BTCUSD: Future is bright. Target might be 300,000 until Jun 2021

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As you can see in this semilog scale BTCUSD chart, the price is now in its 5th actionary wave. According to the "Equality" guideline by R. N. Elliot, the two other non-extended waves tend to be the same both in magnitude and in time of formation. less ideally, the next proportions are 0.618 and 0.5 on the magnitude.
Thus, we can expect to see the price of almost 300,000 in two years for BTC. However, we should not forget that this is only a guideline and NOT a rule. It is a guideline in the sense that the probability of occurrence is high.

Feragatname

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