Bitcoin next wave!!
Bitcoin is at the end of its bullish cycle, and we
want to find the ideal price to sell and prepare for the 2025/2026 bear market! The optimal price to sell Bitcoin is at the 1.618 FIB extension or the key long-term trendline 2017-2021-2025. This is exactly at 122,069, as seen on the chart. Buying Bitcoin at the peak of a bullish cycle is not a good idea, as we will see 60,000 USD per bitcoin in 2026! From an Elliott Wave standpoint, there is probably just one high-probability possibility, which is this ending diagonal pattern (rising wedge). I believe Bitcoin will experience a final two waves, resulting in an ending diagonal wedge
formation (1-2-3-4-5).bitcoin is in wave 3
I'm also bullish because of the 50-week moving average. Historically, Bitcoin has responded to this MA pretty exactly. I usually recommend utilizing basic moving averages with periods of 20, 50, 100, and 200 because that is what the top players utilize. These MAs are quite popular with large institutions, banks, and investors.
