Bitcoin Vault (CoinMarketCap: BTCVUSD) has broken out of the triangle pattern in the daily line chart.
(Chart courtesy of CoinMarketCap.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, BTCV began a red wave one advance on March 29. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 1 and the red wave two (blue sub-waves a-b-c) correction ended on December 8. If this wave count is correct, BTCV should be heading next towards the August 1 peak in the red wave three.
(Chart courtesy of CoinMarketCap.com (log scale))
Funnymentals
Bitcoin Vault is developed to provide an extra level of security based on a three-private-key security structure. You can watch their latest AMA below.
(Sources: https://bitcoinvault.global/)How Will Bitcoin Vault Trade?
Bitcoin Vault (CoinMarketCap: BTCVUSD) daily line chart by CoinMarketCap.
(Chart courtesy of CoinMarketCap.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
BTCV will takeout the August 1 peak
BTCV will drop below the March 29 low
BTCV will stay in a trading range between the March 29 low and the August 1 peak until January 22, 2021
