This is is an analysis of the bottom/top. I just inverted the bottom in to this recent top aplying some trend lines. I Just play the szenario where this recent top is just an exageration in an major down move in which the bottom would be then confirmed by one second low in 4k range.
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In the moment this could be in play. if a bullish szenario plays out: drawin ab from bottom to recent top then from retrace to target cd. ab=cd
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If this bull move continues we could see over 20k in the next months:
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See wath hapened after stoch RSi broke RSI to the upside end of 2015.
About 90–95% of the traders /investors CONSISTENTLY lose money on Crypto Market either in a bull or bear market. This is a well-known and publicized statistic.And it’s true!