SaifurRahman
@t_SaifurRahman
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SaifurRahman
Having Completed wave 3 at 1.618 Fib extension of wave 1, I anticipate that bitcoin will remain above wave 1 top of 67k and after some consolidation will go up to complete wave 5. Wave 5 top is expected to be According to wave equality wave 1 = wave 5, top expected at 193k ( possibly between 195-200k region) Interesting fact to note that after each halving bitcoin topped in that bull cycle after 525-545 days (excpet that 1st halving which took 366 days). Also gain from the date of halving till the top decreased every time. After reaching 200k, I expect bitcoin to go through a long term bearish cycle.
SaifurRahman
Details on the chart! After a long basing process for 13 years Gold has completed a Cup & Handle pattern. Price has moved up since then and consolidating. Just completed a ABC correction in Daily chart suggesting the resume of uptrend soon!
SaifurRahman
Wave 3 Potential Price Zone $120-150k Wave 5 Will see the price go beyond 250k or more. But its a long term game!
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