why some trader believes in a BTC=1000$
according to elliot wave neo theory, I think, BTC is at the B wave . the B wave seems to be a triangle. so we can conclude that C wave has not begun.so at the end, unfortunately btc would break out the triangle and the next target would be 1000 .a gartley or bat pattern may be constructed in the B wave.
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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.