mpd
In my view BTC could retest the broken falling wedge @around 87k then resuming bulilsh main trend to target new ATH in the range (133k,134k) in autumn
In this chart I show how a price move similar to 2021 could occour and push BTC to new ATH @113k before massive crash to 64k zone where main bullish trend could resume. FInal target could be 138k
In my view we're still in a long term bullish trend, BTC is now moving in a falling wedge, I expect BTC current bullish move will stop @103k, I expect a correction to the wedge mid line @85k before resuming the bullish main trend to target 1st tp @121k and the 132k final target where bearish trend could start.
In my view we're still in a bullish cycle but in the short term bearish trend is not over so current retracement will stop @101k target where bearish shor term trend will restart to test 65k before massive bullish reverse to new ATH @137k where bull cycle will finish and a long term bear cycle will start.
In my long term chart BTC is performing 4th correction wave of a 1-2-3-4-5 bullish elliot pattern targeting 135k in autumn. From 135k I expect a sharp correction to 34k target in 2026 then the bullish trend can resume to final target 171k . Currently I see a retest of 101k then a correction to 67k area before resuing main bullish trend to target 135k area.
In my view BTC is performing 3rd wave of a 1-2-3-4-5 bullish elliot pattern targeting 100-101k area. From there I expect an A-B-C correction to test 67-68k area (2021 peak) before resuming bullish trend to final tp 137k.
In this chart I show my SPX long term view from covid recovery to about 2030. SPX is moving in a big rising wedge, I think that on the long term prospective we're still in the 3rd bullish wave targeting 6440 area. From there I see a retracement (4th wave) to 4800 area before last bullish 5th wave to 7400 area. From 7440 I see a sharp bearish retracement , the...
In my updated view we can see a retest o 5995-6000 area before dump to 3340 where last bullish leg will start to new ATH @6444
IN my view SPX could retest 5900-5910 area before new bearish leg to 5230 area where last bullish wave will start to final tp 6444
BTC could retest 101k area before dumping to 67-68k area in May. I see a retest of 2021 peak that could become a support to the last bullish leg to a new ATH @ 137k
In my view in the first days of 2025 we'll se a new ATH @ 6144 then a correction to 5651 area before last bullish wave to 6430 that will close the SPX bullish cycle started in 2020. In 2025 a massive market crash will dump SPX to 3400 area
In my view Avalanche will grow targeting 0.382 fibonacci retracement level from ATH to ATL
In my view SPX will reverse @6068 area to target 5650 area where bullish trend will restart to new ATH @6222 where I expect massive crash in 2025 to 4900 at least , in extension we could test 3600 area
In my view after a rebound to test 0.382 fibonacci level @5958 SPX will fall to test 5677 area then last bullish leg to 6222 in feb 2025 before massive crash
As explained in the previous post I expect BTC hit 35k area before 100k so I remain bearish about BTC tp1 61k area then after a rebound to 72-75k I expect a bearish leg to 35 k , stoploss above the channel upper trendline
BTC is moving in a rising wedge, everybody expect 100k target soon but in my view current bullish move from 15k area represents only wave #1 of a long term bullish move and could stop at around 83k area where a massive bearish move colud lead price to lower chennel trendline @ around 30k before restarting bullish trend to target 150k
SPX is targeting 5978 1.4 fiboncci level I expect about 450pts correction to 0.786 fibonacci level before bullish trend restarts to target 6260 area in 2025
BTC is moving in a rising wedge , if broken it could test 60k area before resuming the bullish trend to target 93k in march 2025