A mirror to my tableau painted for Bitcoin, I surmise that the Nasdaq is engaged in the theatrical rendition of a cycle degree fourth wave.
Historically, these fourth waves are prone to a tactical withdrawal into the realm of the prior degree wave four territory. In this distinct instance, the territory in question lurks in close proximity to the abysmal pits of the pandemic nadir.
A bullish harbinger would manifest should the Nasdaq maintain an altitude above these pandemic depths for the duration of this bear market. If such a trend is confirmed, i will dare to anticipate an audacious ascent to the lofty summit of $30,000 as we voyage through the decade towards the 2030 agi revolution.
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