Based on Elliot Wave Analysis and Fibonaci lvl-s in the past, this is the prediction for BTC till the end of the cycle.
Pesimistic : 220K is cycle top
Optimistic: 1 million
In case USA in 2025 starts money printing again like crazy, causing global inflation, or in case of a serious conflict escalation, the country can start panik buying to stop local currency devaluation, and in that case, BTC last wave (5th) can end up at 1 million per 1 BTC.
I'd rather preffere the pessimistic outcome because too much optimism for BTC means too many problems across the world.
Pesimistic : 220K is cycle top
Optimistic: 1 million
In case USA in 2025 starts money printing again like crazy, causing global inflation, or in case of a serious conflict escalation, the country can start panik buying to stop local currency devaluation, and in that case, BTC last wave (5th) can end up at 1 million per 1 BTC.
I'd rather preffere the pessimistic outcome because too much optimism for BTC means too many problems across the world.
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