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⚡️💸🔥 #Bitcoin 1 000 000$ then 0$ !? // A Look into the Future... 😱☠️
Here's my Bitcoin trading idea from a FIBOELLIOT perspective, very broadly. I won't explain it in detail to anyone; those who understand it will understand. Skeptics, watch from the sidelines.
🔹 Brief explanations:
1️⃣ Globally, Bitcoin is in a continuous impulse growth cycle; the renewal of historical highs in 2024 postpones the deadline for the completion of the cycle to 2030-2032.
2️⃣ It's already clear that the BTC price increase from 2021 to 2025 isn't impulsive. I believe that from 2021 to 2027, it's a WXY correction. This explains why the altcoin market has been dead since 2021 and why BTC is breaking new all-time highs, but there's no euphoria!
3️⃣ There's a 99% chance that Bitcoin's price won't fall below $15,479 by the end of this decade! There's a 75% chance that the Y-wave correction will end in the $30,000-$40,000 range.
4️⃣ After 2027, Bitcoin's price will explode and reach at least $1,000,000 by 2030, and a maximum of $2.2 million!
5️⃣ After the completion of the five-wave impulsive growth cycle, around 2030-2032, the fate of BTC will be decided – will it correct for $12-20 million or go to $0?
🔹 The biggest threat to Bitcoin in the next 3-5 years:
The most significant, real, and visible threat to Bitcoin is quantum computing. All industry trends and current achievements demonstrate that it is developing rapidly and poses a real threat to BTC not in 20-30 years, but perhaps even in 1-3-5 years! This is a real challenge for Bitcoin and I don't know how it will cope with it, the network requires a significant upgrade for BTC to become quantum-resistant!
⚠️ That's all I have for today. I wish you good luck in making your own trading decisions and profits. Please analyze the information I give you, and always use your own head!
You can follow this trading idea here: ru.tradingview.com/chart/BTCUSD/h…:
Goodbye! ✊
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