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Bitcoin Log Chart

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Will Bitcoin complete a 4th Elliot wave ABCDE correction before going on a massive run to $23,000? Or, will Bitcoin break $6,000 and head to the bottom of the log chart to find support around $3,000?

Regardless, I'm long on BTC into the distant future. But, they must address the following issues if we want to see a high valuation in the coming years:

1. Divided community
2. Slow transaction time
3. High transaction fees
4. Centralized ASIC mining
5. Block Size
6. Unconfirmed transactions
7. 51% attack vulnerabilities
8. Difficulty adjustment
9. Transactions per second

Bitcoin needs to evolve. In my humble opinion, Bitcoin should integrate Digibyte's technology.


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Winter Approaches: There Will Be Blood in the Streets
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A bullish scenario:

A Bullish Scenario for BTC and DGB
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Inverse head and shoulders formation on BTC & DGB charts:

Inverse Head & Shoulders Formation for BTC & DGB Log Charts
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A bearish scenario for BTC & DGB if BTC hasn't finished its ABC correction:

ABC Correction Scenario for BTC & DGB
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Head & Shoulders formation on DGB USD log chart:

Head & Shoulders Formation on DGB USD Log Chart
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If this BTC idea plays out then the alts will get slaughtered:

The Descent of Bitcoin to $1,826
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BTC buy zone based on Fibonacci levels: $4,384 - $1,819

BTC Buy Zone: $4,384 - $1,819
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BTC bullish pennant scenario:

BTC Bullish Pennant
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Questions for your consideration regarding Bitcoin:

BTC Gets Wrecked Scenario Before an Epic Run
Beyond Technical AnalysisTrend AnalysisWave Analysis

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