Hello!
I'm an optimistic crypto investor and trying to navigate my optimism with some technical analysis. While doing that I'm considering the fundamentals as well at least I'm doing my best for it.
First of all I still believe that the bitcoin cycle hasn't been completed and there is still way to go. I'm expecting the end of this cycle to be nearly a year before the next BTC halving which is expected to be early 2024.
Therefore, we should see a BTC peak around beginning of 2023. I'll be using this chart for my portfolio allocation till the end of this cycle.
We are very near the end of wave 3.4 and expect to have the last impulse wave of 3.5 by April/May. Then we'll see wave 4 probably during the final run of Bitcoin around Q4.
Right after Bitcoin ATH, we may see a new ATH in ETHBTC pair as well. This also means that ETH will flip BTC and be the number 1 in crypto. Let's see!!!
This is not a financial advise and please do your own analysis.
Please share your comments!
Cheers!
I'm an optimistic crypto investor and trying to navigate my optimism with some technical analysis. While doing that I'm considering the fundamentals as well at least I'm doing my best for it.
First of all I still believe that the bitcoin cycle hasn't been completed and there is still way to go. I'm expecting the end of this cycle to be nearly a year before the next BTC halving which is expected to be early 2024.
Therefore, we should see a BTC peak around beginning of 2023. I'll be using this chart for my portfolio allocation till the end of this cycle.
We are very near the end of wave 3.4 and expect to have the last impulse wave of 3.5 by April/May. Then we'll see wave 4 probably during the final run of Bitcoin around Q4.
Right after Bitcoin ATH, we may see a new ATH in ETHBTC pair as well. This also means that ETH will flip BTC and be the number 1 in crypto. Let's see!!!
This is not a financial advise and please do your own analysis.
Please share your comments!
Cheers!