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But how likely is this scenario? Do you think it'll actually happen as you predict?

I guess it is gonna happen. I make this chart (Yellow line) couples of days ago until wave 2. It moved very close. As I believe BTC gonna correct more, it could be move like BTC. By the way, $100 is an estimate per Elliot analysis. I said this is one possibility. It means there are some other ways that could be happen.