BITCOIN ELLIOT WAVE OPTIMISTIC SCENARIO

BITCOIN is already entered new bullish phase. The chart shown that at the moment Bitcoin is in the [iii] wave of 1 with the ideal target of 42.000 - 43.250 and maximum target of wave [iii] around 45-46k

Ideally, after it hits the target, BTC will have a minor pullback to Fibonacci Retracement 0,382-0,5 somewhere between 36-39k range and it will be the best area to entry, because after that BTC will continue its rally to at least 50.000

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FibonacciTechnical IndicatorsWave Analysis

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