The analyst suggests that Bitcoin is on the verge of a significant upward move based on its correlation with gold, predicting a potential parabolic move following the gold price action with a 70-day lag. A final wave for bitcoin in Q4 is expected. According to one chart Bitcoin may reach an average of $155000 if resistance at $118000 is broken. A contrasting signal is noted with Bitcoin versus the U.S. stock market pair dropping below its 50-week moving average, serving as a warning.Ethereum is also analyzed, noting that it has a very similar chart to Bitcoin’s chart. An increase to trading position for Etherum is expected. The analyst points out that etherium has been trending with a similar chart pattern to BTC, but is still ranging now, although is at range lows. He expects Etherum to hit a 1.618 Fibonacci level.