AnonymousTraderAcademy

Bitcoin 2022 & Amazon 2000

NASDAQ:AMZN   Amazon.com
📣 Hello everyone! The Bitcoin chart has formed exactly the same peak as Amazon's during the collapse of the dotcom bubble in 2000.

Amazon has fallen in price by -95% in 2 years, time will tell whether Bitcoin will repeat its scenario! In any case, at this point in time, Bitcoin looks bearish from my point of view and the price drop is likely to continue in 2022, so I think you should be careful with purchases and comply with RM .


✅ The breakdown and closing of the candle at the 1M level of 30 000$ will serve as confirmation of the continuation of the bear market, in which case Bitcoin may fall much lower than everyone expects and thus repeat the fate of AMAZON!


❌ The cancellation for the scenario with a long-term bear market will be the closing of a 1M candle above the level of 61 788$, in which case I believe there will be an increase to at least 75 000$ with a potential of up to 200 000$, after a breakdown and consolidation above the level of 75 000$


I wish you to think with your own head and good luck in making independent decisions! Bye!

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