Bitcoin Revisited Part II

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 Bitcoin daily chart


As shown in the daily chart, BTC has been moving as per my analysis. I must tell all my readers that from the month of January 2022, I am in a view that Bitcoin will test $75000 this year (2022). To add, last year in the month of July 2021, I had predicted the reversal in this crypto and was successful. This year am expecting reversal.

I have written many BTC articles, click on the link to see view the articles

Bitcoin Elliott Wave Analysis

https://www.marketanalysiswithmeghmody.com/2022/01/bitcoin-elliott-wave-analysis.html

Bitcoin Revisited

https://www.marketanalysiswithmeghmody.com/2022/01/bitcoin-revisited.html

Bitcoin Elliott Wave and Neo Wave Analysis

https://www.marketanalysiswithmeghmody.com/2021/08/bitcoin-elliott-wave-and-neo-wave.html


As per Elliott Wave, I think wave y is finally over in the form of triangle. This completion has already opened the possibility of moving prices to a new high and to my above mentioned target.

The summation is BTC is very positive and will continue to maintain my target of $75000 levels over medium term.

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