BITCOIN just confirmed the BULL RUN. Here is why.
BTC just did exactly what we wanted to actually prove that the bottom is in. Bitcoin broke $83k, and made a higher high in wave 5 of Wave 1. As you know, a 5-wave move up is the basic condition from the bottom up. And will become Wave 1 of a larger bull market 5-wave move up. We can expect Wave 2 retracement to play out in the next weeks in some kind of an ABC correction. In 2023, Wave 2 retraced only to 0.5 fib. Depending on where our current Wave 1 ends, this would be in the $70 area from here. What we will be looking for is a completed ABC wave structure. Wave 3 is where the real bull run, and the altseason usually start. Are you ready for it? Elliott wave count scenarios from here with the textbook examples.
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