Hi everyone,
We could be getting ready for 20K re-test at some point in Q1 20221. In an extreme panic sell scenario, the lowest I can see price coming down to is the $16K level, which would not last long. We are currently watching to see if these fib extension levels can hold. We see the 1.414 and 1.272 battling it out here. If 1.272 cannot hold ($30k) we should see a quick drop, as not much trading volume has been built at these levels yet. Alternatively we could hold 30K and pushing new all times again in no time, so be prepared for both scenarios. Deeper pull back is most likely, either way I am looking to six figures by 2022 so get ready!
Good luck, hit thumbs up!
We could be getting ready for 20K re-test at some point in Q1 20221. In an extreme panic sell scenario, the lowest I can see price coming down to is the $16K level, which would not last long. We are currently watching to see if these fib extension levels can hold. We see the 1.414 and 1.272 battling it out here. If 1.272 cannot hold ($30k) we should see a quick drop, as not much trading volume has been built at these levels yet. Alternatively we could hold 30K and pushing new all times again in no time, so be prepared for both scenarios. Deeper pull back is most likely, either way I am looking to six figures by 2022 so get ready!
Good luck, hit thumbs up!
