šØ Bitcoin: Time to Lock in Profits! š°$BTC
The Bitcoin bull run is nearing its end. š This looks like the final stage of a major Elliott Wave impulse.
Key Signals:
Trendline Resistance:ā ļø Bitcoin is approaching a crucial long-term trendline. This is your SELL SIGNAL. šØ
Fibonacci Extension: ā ļø The 1.618 Fibonacci extension level at 122,069 USDT acts as a strong resistance zone.
Why 122k is the Ultimate Target (and NOT 200k or 300k):
Market Cap Reality:ā ļø Bitcoin's current market cap is already substantial. Reaching 200k-300k would require an unprecedented surge in valuation.
What's Next?
Bear Market Ahead: š» Expect a significant correction in 2025-2026.
Potential Support Zone:ā¬ļø Bitcoin's Wave (4) support level (around 50k-65k) could provide a buying opportunity during the bear market.
Ready to Analyze Your Altcoin?ā¬ļø
Write the ticker symbol of your altcoin in the comments, and I'll provide a brief analysis.
Disclaimer: ā ļø This is for informational purposes only and does not constitute financial advice.
