MicroStrategy Long-Term Top Based on Perfect Fib Ratios

Several long-term signals on Bitcoin are indicating a potential top including long-term price and time ratios, long-term momentum indicators, as well as wisemen on weekly and daily charts. This made me look more closely at MSTR, which is also exhibiting significant signs of a potential top.

Some of these on this weekly chart include:
Larger Degree (red boxes)
  1. Wave-C = 161.8%(B) in price [Perfect Ratio]
  2. Wave-C = 138.2%(A) in price [Perfect Ratio]
  3. wave-C = 100%(B) in time [Perfect Ratio]
  4. wave-A = 25%(B+C) in time [Perfect Ratio]

Smaller Degree (green boxes)
  1. Wave-c = 50%(a+b) in time [Perfect Ratio]
  2. wave-c = wave-a in price
  3. Complex structure potentially ending with a zigzag


Based on all these factors, the chances of a top here are high. However, if we do make new all time highs it would be a good idea to reverse and go long crypto again, as it would likely mean that all these signals are just a MASSIVE bear trap and there could be significant upside left. For now, as long as we remain directly under these long-term price/time targets on both BTC and MSTR, combined with long-term sell signals, the chances of a trend reversal in crypto is high.

There's also significant bearishness in virtually all global asset markets right now, which could in a worst case scenario last for 1-2 years, and possibly be worse than 2022. It is difficult to say at this point what the trigger for the coming crash could be, possible chaos surrounding the transition to a new administration, high rates putting pressure on commercial real estate and regional banks, some high profile financial failures, a major war, or something else that i can't predict
ACaoBill Williams IndicatorsBitcoin (Cryptocurrency)BTCElliott WavesaylorWave Analysiswiseman

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