This is the so-called RENKO chart of Bitcoin, where each block represents a variation of 2K dollars.
It is one of the most reliable charts that exist, because it does not depend on the course of time, and only on the variation of the price, either up or down!
This chart clearly shows the REALIZATION of the Eliot waves, of which there are 5 in each movement.
See that wave 1 was an UP in the price of Bitcoin;
Wave 2 was a CORRECTION in the price of Bitcoin;
Wave 3 was an UP in the price of Bitcoin;
Wave 4 was a CORRECTION in the price of Bitcoin;
And now we are precisely in wave 5 of the price of Bitcoin, which is and continues to be UP!
Right now we are watching the development of this wave 5.
And the most important thing of all in this chart:
ALL 5 waves always maintain the same proportion in their size and development. Pay close attention!
And based on the proportion of this wave 5, we know that Bitcoin will reach the value of 150K!
It hit its new ATH TODAY at 111.880K.
And now it is going to reach 150K! In this rise, its dominance, which is at 63%, will remain at this level or even increase a little.
IT IS NORMAL that after 150K it may correct later to 130/120K.
And in this CORRECTION, then yes, we will see BTC's dominance drop significantly. And in this drop in BTC's DOMINANCE, ETHERIUM explodes in value and drags the entire Crypto world along, in a fantastic ALTSEASON.
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In short: we will have BITCOIN hitting 150K, sooner than many people think and expect.
Stay ATTENTIVE and be well positioned in GOOD ALTCOINS.
Vitra is here to change lives!
Luís Almeida - CEO VITRA BLOCKCHAIN
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.
