Whats really happening to Bitcoin? theirs a strong possibility that were at the final leg of this bullrun and were at the bottom of wave 4 super cycle (see the chart)
next move is the final wave 5 of grand super cycle monthly and weekly super cycle both on wave 5,
also we can see a 5 wave 5 inside the Grand Super cycle it means theirs a massive bearish divergence above 100k+
the question here were is the peak right now? well on this theory we can tell wave 5 of monthly is around 100k to 150k maybe or max 180k but theirs a hawkish move happening in feds rates so we cant tell yet how far we can go but i think 100k-125k is a good number,
also new feds rumors that feds is planning a 4x to 9x rates hike every meeting which is so bearish once rates hit 1.5% and bitcoin is in trouble big time!
but this is all just forecast from top institutions in US it could happen or not its really depends on economic status but were at 7.5% inflation right now i think 4x-6x is possible this year 2022 feds hike, we really need to watch this months from official feds meeting look at
2022 march 16 may 4? june 16 september 15 december 15?
this march is important to look how feds act on this rates for 2022, sounds crazy to focus on rates, but rates is 100% market maker if more hike is coming maybe we should look at gold and some banks and semiconductor stocks (just a bonus) anyways lets go back to bitcoin
next question after the peak were is bitcoin bottom? well on wave 5 theory correction can go beyond -80% to -90% so possible bitcoin will hit 10k to 12K in 2023 to 2024 bottom and it will start the grand super cycle again were possible in the next 10years bitcoin is going to mass adoption phase were no more big dips, so lets see how this theory will work this 2022 and how feds will act in this economy.
on my own opinion i will really focus in crypto once we hit this next bottom in 2023-2024, a lot of big rewards will come soon, mostly in altcoins with good projects, just dont missed the bottom soon.
for now lets enjoy this final leg.
thank you and please save it, i hope this chart will help you to become millionaire soon or even billionaire soon.
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