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gt3verse
Apr 12, 2023 6:34 PM

BTC WILL SEE $17.5K SOON ENOUGH Short

Bitcoin / U.S. dollarBitstamp

Description

A 55% pump in 33 days in not sustainable, in any market.

BTC has a bit of room to climb to 33K-35K based on the Golden Pocket (.618 to .65 Fib Resistance area) from the major drop.

It will NEVER decouple from SPX. Wall Street made sure of it in 2019. I cannot stress this enough.

There are volume candles galore to be consumed on the way down.

Based on major and minor Altcoins on my watch list, ETH, and a few Equities plays, I am calling for an Oct/Nov 2023 bottom before we grind out as many of these show falling wedges that squeeze to this timeframe.

Stay focused on the medium-term game (not long game...long game is for grandpa).

We all learned a lot from BTC not climbing over 69k. We learned a lot about ourselves, the risks we're willing to take trading, and the clout chasers who preached 100k+ BTC narrative on social media (I was once that believer too....)

Love you guys. Trade safely.
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cryptospawn
Following you now...💪
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