#Bitcoin may be starting its 3rd wave of its
2nd cycle. The first one ranging from its
inception to the 2017 peak. After 3
corrective A-B-C impulses (2017 top - 2020
bottom) we began this cycle. If this is
effectively the 3rd wave, we may see mass
adoption of BTC.
Objectives in graph are based on previous cycle and provide an approximation of what I believe could happen. Hitting 500k this cycle may seem extreme, but we could achieve it before Aug-25.
Trump's victory and the deep reforms he's been talking about could be the catalyst for this great wave. I also expect to see China lifting crypto ban.
Chart is weekly view, so don't panic over daily movements.