We would like to be more conservative and use some known tools for a long term Bitcoin prediction… Let’s take a look…
But before we get started, feel free to hit like now if you want to show us some love and support.
- We are using the 12345 Impulse wave structure from the Wave Principle Theory by Elliot Wave .
- We used Fibonacci proportions to reach our top target of $82,352, which matches perfectly the 5th Wave.
- The MACD supports this move.
- The RSI hit its lowest point, is now bullish and can also support this move.
What’s your take on Bitcoin long term?