AlanSantana

Something Like This... Sell Now Buy After Dec. 15

Short
AlanSantana Updated   
BITFINEX:BTCUSD   Bitcoin
If we calculate a 2 years long bear market, we should see bitcoin's bottom confirmed by April 2023.

Normally 3-4 months before the 2 years are complete, to allow some time for the recovery phase when we switch from bearish to bullish.

So around December 2022/January 2023.
We are very close to the bottom...

Do something like this... Secure some profits RIGHT NOW, wait for the "doubt" period to be over and buy back in after December 15 (short-term move).
December 20, the picture can very clear. Patience is key.

One final drop.
Bitcoin will bottom before TradFi; please keep that in mind.

We have the first major signal early November when the SPX and the bitcoin correlation weakened.

Here is another prediction, bitcoin and the SPX will detach...
If not in 2022, in 2023 for sure.


Namaste.
Comment:
Here is the bad news in full.

We look at bitcoin on the weekly and monthly timeframes.
We analyze the volume profile and some of our classic signals as well.

I am applying for a spot that's available to wash cars next door... Just to get over the bear market climax.

🔝 100,000+ Altcoins & Bitcoin Charts!
t.me/alansantana1111

🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com

➖ If you now enjoy the content, please consider support below...
👉 lamatrades.com (Since 2017)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.