BITCOIN going to 58k?!
2024-10-22

The probability of this playing out increases significantly if we complete the 5-3-5 sharp pullback. As I've mentioned before, this looks like the final shakeout. My initial prediction of 57K is still in play, and we’re currently aligning with that thesis.

While there’s a slight margin of error around the 69K mark due to overlapping structures, it doesn’t invalidate the overall outlook. This thesis will provide a deep insight into how the market reacts in the coming days.

Even with a sharp pullback, it's a healthy correction before the final shakeout.