My 1st bearish call for bitcoin, last hope
we have when bitcoin is trying to break $45k
but it fails 3x and now its possible bitcoin is doing
the distribution phase before water falls comes soon,
which is we can see from 1st halving and 2nd halving,
right now if we look at the days and months how bitcoin
move on bullmarket, we can tell we already reach the exact timeline
for bullmarket, so we can call $69k was the peak with massive double
top,
i know its hard to believe that this bull market dosent have
blown off or parabolic moves, its possible due to global problem
feds rates and russia and ukraine, covid so many things happen
thats why bitcoin is heavily affected and stop the price to push higher,
right now you can look $10k $12k $15k $20k $25k $27k as a major support
once this maxis sold there position.
next halving is on MAY 4 2024 it means price will go up,
our goal right now is to find the best altcoins when everything goes to
dip but some altcoins is already -90% 80% already, for bitcoin the global
debate is when will hit the bottom? this 2022? or 2023?
on our analysis its possible on late 2022 or mid 2023 base on federal rates
plan.
this analysis can be invalidate if we cross $55k+
we have when bitcoin is trying to break $45k
but it fails 3x and now its possible bitcoin is doing
the distribution phase before water falls comes soon,
which is we can see from 1st halving and 2nd halving,
right now if we look at the days and months how bitcoin
move on bullmarket, we can tell we already reach the exact timeline
for bullmarket, so we can call $69k was the peak with massive double
top,
i know its hard to believe that this bull market dosent have
blown off or parabolic moves, its possible due to global problem
feds rates and russia and ukraine, covid so many things happen
thats why bitcoin is heavily affected and stop the price to push higher,
right now you can look $10k $12k $15k $20k $25k $27k as a major support
once this maxis sold there position.
next halving is on MAY 4 2024 it means price will go up,
our goal right now is to find the best altcoins when everything goes to
dip but some altcoins is already -90% 80% already, for bitcoin the global
debate is when will hit the bottom? this 2022? or 2023?
on our analysis its possible on late 2022 or mid 2023 base on federal rates
plan.
this analysis can be invalidate if we cross $55k+
Comment:
water falls begin.
Comment:
i havent update this for awhile, recent run from $48k is the last bullish and right now were at $39k again and this determine that bitcoin is making larger Lower Highs it means it will go down soon but not a fast as we think, i think 3rd quarter somewhere JUNE will be the big drop. i also checking that price could go lower to $17k and $20k for the bottom of this 3rd halving.
