#Bitcoin Trading around $98k now $BTC

As per Daily Chart Analysis-
This particular chart following its moving pattern perfectly from last 1+ year's & will be soon ready for next Uptrend cycle around 8/12 Jan 2025, towards, min. $120k-125k and max. $135k to 155k, depends on arrivals of volume into market.

But, remember it, that this cycle maximum time frame is around 50 to 60 days of final Uptrend, into this BullRun of Upper cycle and after that Correction Wave wave will starts from March end to April and that will go upto june/July 2025 around 120/150 days and then this BullRun final cycle will be starts from August onwards to 2025 year end.

This cycle always moves into the pattern of Parabolic curve as per famous #Elliott #ImpulsiveWave & #CorrectionWave cycle into Daily based chart Analysis with all Ups & Downs pattern of Zig-Zag modes...

Always DYOR before investing in Crypto Currency and Trade Wisely by using StopLoss here.

It's #Write2Earn topic too.

In the universe of waves of #Elliott , we can compare the movement of the financial market to the behavior of ocean waves. Even in calm moments, small “microwaves” have the potential to turn into large movements in the future, impacting both buyers and sellers. Have you ever been to the ocean and seen those areas where it is forbidden to enter because of the “return wave”? This analogy fits the market perfectly: entering these points can mean that, once inside, it will be very difficult to get out.

That said, let's analyze#XRP. Since its listing on Binance, investors have gradually started to accumulate XRP, betting on a massive movement, almost like a tsunami. In November, influenced by the US elections and other strategic reasons, buyers reinforced their positions, causing the wave to gain significant strength.

When analyzing the weekly chart, it is possible to observe that November was wave 1, and December seems to be the formation of wave 2, according to Elliott principles. He explains that for every wave 1, there is a wave 2 (return wave) and for every wave 2, there is a wave 3 – usually double or even triple the size of wave 1. After wave 3, there is a retraction with wave 4, preparing the ground for the extraordinary wave 5, which tends to surpass wave 3 in scale and impact.

After this five-wave cycle, phases such as accumulation, distribution and even trend reversal occur. Considering the historical behavior of the markets and the potential of cryptocurrencies, we can speculate that this cycle could last for up to 7 years – 2018 to 2024, and 2025 a new cycle that in theory should last until 2031 or so – before a possible reversal point, which could coincide with systemic crises or global economic changes. Will it?

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