BTC Formation! What happens by the end of the year?
106
This is a harmonic representation of the expected outcome. If we combine elliot with harmonic for validation. We might see some weekly upward candle close between 7850(Mean)-8300(Max). I assume we will be within the the triangle upto SEP-OCT. For long term, its a healthy accumulation point between ranges 6200-7800 for XBTUSD.
Based on patterns i assume we will see 6200-6600 again in coming weeks or months. As said earlier, harmonic or elliots are identified after completion of pattern, anything drawn before completion of pattern is mere assumption.
Please do let me know your opinion in the comments.