Oct. 22 at 7:17 PM
🔖 What’s Next After #Bitcoin Hitting Monthly Targets?
$BTC.X has fulfilled its 4-Year Cycle objectives in both Price and Time, reaching
$127K in October.
But the story may not be over, the structure still allows for extension in both time and price, especially if momentum persists and macro conditions align.
Whether Bitcoin extends beyond its 4-Year Cycle or confirms a peak, both outcomes offer strategic advantages:
🔹If the cycle breaks and new highs emerge: Traders get extra weeks/months of bullish price action, ideal for momentum plays and short-term setups.
🔹If the peak is already in: That opens the door for a larger correction, giving long-term bulls a fresh opportunity to accumulate at better levels.
Either way, the structure remains tradable it’s all about adapting to what the market offers.
#ElliottWave
$GBTC $IBIT $BITO