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Rawpride
Dec 4, 2019 10:54 AM

The ultimate BTC Fuck everyone but the HODLERs scenario Short

Bitcoin Liquid IndexBrave New Coin

Description

Over 300k by mid 2023, with a severe fake out before a stupid steep bull run. Pure speculation based on the fact that we seem to be forming a similar pattern to when first fell from 1.2k to $400, and bounced up to $650, then fell down to $150. The percentages do not line up well, but the pattern looks very similar. A lot of people have called for the 1200 level to be retested for a long time, and that is a level that I believe would bring a lot of buyers out of the woodwork, so in the unlikely event that this scenario does play out, I do not think the 1.2k level would be breached. I also am not sure the similar rocky bottom from the fractal pattern would end up playing out again this time. I think we could more likely see a V at the bottom if we happen to go making new lows. BTC sure is impossible to predict
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