BTC long term possibility

tarundefy Updated   
BNC:BLX   Bitcoin Liquid Index
this idea is a combination of fundamental world view .. painted on chart using Elliot wave ..
upcoming 4rth is a primarily a technical trade and not a fundamental trade... however given the current economic situation ( inflation again creeping up and remaining persistent ) forcing central banks to postpone rate cuts , employment and wage situation ( pointing at income distribution and availability of money) it looks like the rally will be short lived and btc may peak out anywhere between 90k-120k.
By harmonizing the waves of market psychology with the fundamentals of economic reality,we can unlock the rhythm of the market.. riding the waves of opportunity while navigating the currents of uncertainty... so elliot gives u insight into market psychology in a booming market and deep understanding of economic realities keeps u well grounded. harmonizing both of these can make u exceptional trader with excellent win : loss , profit :risk and sharpeys ratio.
always rwemember this trading idea is never really a chart based idea... the idea u generate for trade starts from worldview > sectoral view > security analysis (stock analysis) > chart.
so chart is only for execution of the generated idea. its not really a tool for trading idea generation. Most makes this mistake and lose the money.
https:// www. tradingview. com/x/dzZHgmoc/ close the spaces and this is one example.
https:// www .tradingview. com/x/AVyakcD1/
https:// www. tradingview. com/x/wQydBzIZ/
https:// www. tradingview. com/x/NO0hNFbX/
https://t. me/+hJg2aQB79ZczZGM1 link for just created group only for trading purpose.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.