Hi folks,
Been posting for s while now. I am usually a swing trader, never do daily trading (too tricky). My typical timeframe for a trade is 1 week to 2/3 months.
I posted the following thread recently:
https://bitcointalk.org/index.php?topic=5250255.msg54477235#msg54477235As you can read, I have a target at 5.5k for Bitcoin, with an estimate date of July-August.
I will update this thread whenever I can and will post charts when I have more time.
The analysis behind my short to 5.5k is mainly backed by Elliott Waves theory (see link posted above). I am confident we see 5.5k soon, however in between I usually secure some profits, and my first securing profit price will be 7.9k because I see a possible bounce back from there.
To sum up:
Target by August:
5.5k
Secure profit at
7.9k, and will try to short again if bounce back at
8.3k.
This thread is not financial advice, do your own research

best of luck everybody!
