Bitcoin Projection
Base On Technical Analysis Eliott Wave Theory & Macro Economics
Target Price (Bullish Scenario) :
🔹$108.000 = Fibo Extend 1.272
🔹$134.000 = Fibo Extend 1.414
🔹$182.000 = Fibonacci Extend 1.618
Be Careful :
🔹BTC might pullback before breaking out over $100K.
🔹BTC is now in the final Impulse Wave (Wave 5). When Wave 5 finishes, a deeper correction might happen
DISCLAIMER :
🔹BTC might pullback before breaking out over $100K.
🔹 Fibo Extend 1.618 is hard to visit, it'll take a while & need some corrections.
🔹Consider trailing TakeProfit in $108K-$134K (In case BTC successfully breakout from $100K)
🔹Be careful of unexpected bad news.
🔹Watch US inflation rates during The FED's rate cuts, as higher liquidity will boost purchasing power and impact inflation.
🔹ETF's Inflow have entered too much, one day hedge funds will taking profit, be careful !.
🔹Donald Trump's company tax cut policy will impact to inflation. If it happens, The FED might have to stop rate cuts, or even raise interest rates.
