AndyM
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BTC final push above 30k is due
Don't underestimate the power of wave 5, especially in commodities, Gold, Silver, and now in crypto.36000 may be tagged during the week-end.
A correction in BTC is in progress: 30k, then 36k.
The downtrend is broken, green wave A is completed. In wave B we'll definitely see 30k, very likely 36k.
Correction in BTC is in progress, wave C still due
0.236 - a frequently encountered fib level for early wave A completion. Wave A breaks out of the channel/trendline, then rolls back by 0.618, and then wave C begins.BTC should bounce back to 21-21.5k before downtrend resumes.
The full market alignment is approaching
This could very well be the end of wave 4.Ticks all the boxes, time-wise (precisely one month), and structure-wise (very clean ABCDE, powerful E at the end).1000..4000 should be tagged.BTC will not be alone. Correlations tend to peak towards the end of the bearish wave. At the time when EURUSD will be flirting with 0.80, BTC might very well find peace of mind around 1k-4k.
Crypto crash is aligned with Treasuries sell-off
All instruments are getting more and more correlated as we approach the peak of Treasury crisis.When 10Y hits above 6% the world will be a very different place.When will it happen? In the next month or so.At the very end of the move BTC should be nearing 1k.
Great prospects for Crypto after the crash
At first, crypto should crash with everything else, and then will be propelled to unimaginable highs.One million per coin is realistic. 500k guaranteed.
10k, then 1 million, then below 1000.
Wave 4 and 5 of an ending wedge are coming. First 10k, then 1 million in a few years. (And then the Tulip bubble will be over).
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