$BTC forecast 2024-2025 my version.
Hello guys, its suddenly 01.26 on my asian time, i am trying to matching the 2020 behavior on this chart, if we need to look at, and will calculate either we need retracement back. Have you ever hear about “Elliot Wave impulsive wave?” I just think, we are not just in bull run move, but 2020 vibes before and after halving is cooking Elliott Impulsives Waves Theory, it does a correction yes, but more importantly its a retracement and not about crash.
First, Ok lets say we got decline by this time to the 5 next month, (if bitcoin going decline and make a sideways move range 38.543 - 46.172, mine personally will DCAing) BUT if this elliott wave theory fakeout, it will go jump 30.936 seriously and i am not regret to buy more and more if they break the rules of theory.
*asumption : The 4 waves will not be lowered than 1 waves, if it correct and we doesnt have invalidation then we continue, we are really move impulsive theory of elliott.
Second, i am hear that people say at the end of 2024 it will be going 80k, but my trendline said it will go reach up to 91.112, it doesnt matter which one is right but we are still on track or last wave on 5 waves.
Third, i am sure we move retracement times by times during this year, from 50k “psychological price” to 69k or inside 80k or falling back again to 63.913 and going higher again to 97.536 in 2025, back retracement again to 48.926 and at the end of 2025 to 114.498 before we can and will falling back in the future to 30.396 (that possibly i guess it strong level)
Whats the message? Its a momentum, its a behavior, spot is everything, how about futures market? I will like to say its just a forecast, i will like dip buy when they finally retracement, or you can hold at several level of bitcoin when the momentum sideways come. Personally from mine, this structures isnt about invalidation, but the validation, we will see the invalidation in 2025, but the structure is bullish for me, that means correction is healthy, and retracement is the point here.
This is #NFA always #DYOR