Skyrexio | Bitcoin BTC Has Cancelled The Bear Market!
2025-01-22
Category: None

Hello, Skyrexians!

Last month  BINANCE:BTCUSDT  has clearly broken $100k. Most of people think that it's too late now to buy Bitcoin because price is too high, but our analysis tells us that it was only one half of the potential bull run.

Let's take a look at the monthly time frame. We can see the new Elliott Wave structure. Earlier we had a chance that this bull run could be the wave 5, but recently the Awesome Oscillator broke the previous high. The potential bearish divergence has been broken as well. Moreover,  Fractal Trend Detector   shows that this bull run is strong and no single sign of weakness now. 

This is large wave 3 which has the target at least at $125k, but most likely it will hit $190k in 2025. 

Best regards,
Skyrexio Team

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