Which site? EWT, or FATrader. I didn't know you were a member. You missed the equation. The target is over $120K. That's just simply the 2.0 extension if this is if in fact a wave 2. The market, I expect to provide $500 STOP... on one Bitcoin. That is risking $500 for $120K, but capital-wise you need 1 Bitcoin, so by that means you are turning $8K to $120K. Does that makes sense. I tend to talk risk to reward as it applies to leverage and unleveraged trades. If you talk cost of capital you have a different equation depending on o leverage, or at various leverages.
RE: Crypto Update July 28