BTC: Elliot Cycle Analysis

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BTC: Elliot Cycle AnalysisBitcoin / US DollarCOINBASE:BTCUSDmelonfarmer5A simple Elliot wave analysis of BTC's cycle. I predict we top out between 140-190k, before entering a bear market that will last ~12 months, likely ending early 2027. I can imagine that we form a massive H&S before we decline. I believe the widespread adoption of crypto, BTC reserves, ETFs, etc. will serve as a bulwark against too harsh a winter. We perhaps drop to the 56k support, which would be an excellent buy-back opportunity. Prepare to exit the market and remain tethered up for about a year or so. Don't get greedy. Things are gonna heat up real soon for the broader market. Happy trading, Melonfarmer