Bitcoin could be headed lower if the bearish pennant materializes. What do you think? Like if you agree.
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35k coming
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We had a sneaky Wave v (i) with a Wave (ii) playing out as a relief rally during the temporary cease fire for humanitarian evacuation. In other words, Bitcoin is likely to respond negatively to the resumption of the so-called "special military operation".
the pennant is rather a pattern for short time frames after a quick and big breakdown
athreeiron
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I think you are wanting to get liquidated. Make sure you use 100x leverage.
cryptoezvip
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@athreeiron, Brilliant! I followed your advice and 100x from 44k, now my profit is 1136%. Thanks.
simpsonepic1a
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One more big drop to 28 k then boom. everybody is too optimistic about a bullish outcome Wales are taking in all information from all websites and making a decision on when to crash the market due to this optimism.
AlanSantana
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Look back to May/June/July 2021... Same pattern but it broke bullish.
Totalfreedom1
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Bitcoin never closed(not even during covid crash) a weekly candle in its history below the 200 Weekly SMA that now is at 20250 $ and rising. also it never went back to its previous bull cycle top (in this case 20 k). i doubt it will go back even to 30 k now. a 6 digits Bitcoin is in the making for 2022. it will be worth millions of $ in today's money in the future. don't daytrade Btc. all shorters will get rekt sooner or later
K1LLTHEPAJ33TS
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@Totalfreedom1, damn huge sell signal from new bagholders like you. "BITCOIN NEVER THIS! BITCOIN NEVER THAT!" Welcome to crypto, you are gonna get wrecked.
@K1LLTHEPAJ33TS, i'm not a new holder. i even bought Bitcoin at 230 $ in 2015 . back then didn't understand it or research it and bought very little. i started buying on the drop in 2018 and finished going all in in sept 2020.