So Bitcoin draws a perfect Elliot wave formation over few months already on the weekly chart. At first I thought it is a bubble. But then I came to conclusion we are in for a ride. This Elliot wave means we will surely visit something like $3000 soon. However it doesn't mean gloom and doom and dead cat bounce for few years like previously. Seems like the next target will be 37k-60k
Not
Please be advised the 5th wave has not settled in yet, we are going within the triangle.
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