I HARDLY BELIEVE THAT WE WILL GO UP AS A SCENARIO 1 AND CUT POSSIBILITY TO SEE RIDICULOUS LOW PRICES AS A ENTRY FOR CALLOWS.
BUT...
... WATCH OUT IF IT WILL BE SCENARIO 2 = CHEAP = IF STREET DRUNKARDS WILL BUY WHAT WORTH IS THIS COIN ... ???
BITCOIN BETTER DEFEND 6K OR 5K... AND SHOW SOME WORTH AND CLASS.
OR BE HOMELESS DRUNKARD'S ATRIBUTE...
MARKET MAKERS MAKING BLEEDING NOW WILL BLEED OUT THEMSELVES IF DISCOVER LEVEL OF DIRTY STREET DRUNKARDS...
THAT'S MY MORE LOGICAL THAN TECHNICAL VIEW.
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From April to November 2013 we went almost 24 times UP. (First magenta pattern )
So second magenta pattern from it's low on $6000 - $6300 projected 24 times UP is $144 000 - $145 000. And it would stick great with upper channel line.
Again will pattern will be repeated ? We will see. As for now we are on the road.
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ABOVE IS A LOG SCALE BREAK OUT FROM TRIANGLE ON WEEKLY.
Why ? Coz as you know that's not how our train should work. We should catch newbies by the way who pay for ticket exorbitant sums not enter for free.
You are not losing money ? If not you are reader only OR you keep fiats on exchange what is pretty brainless - I am not malignant like you so I wish you good but pray to not never ever experience effects of keeping funds on exchange for long time BOSS. Especially when market is on all time high or hardly bottoming.
Next time say something worth not bullshit :) oh and remember to have nice day.
AliSerdarSahin
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@damdamm, dude, your way of explaining your crypto correction perception should have nothing to do with homeless people. especially if you are insulting some part of the community because of being poor.
damdamm
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@AliSerdarSahin, I am sorry do not take it personally low price as a comparison to homeless ability to buy ! Are you homeless or what ? I am not insulting anyone it was metaphor - do you know what is metaphor ?
But I made some research and I know what hurts you. You joined traidingview 1 month ago SO YOU ARE NEWBIE TO MARKET and published 1 idea.
So dude I assume your dream is to buy BTC for $1500 that hurt probably. - I am sorry that you woke up after 6 years.
And your view to the side is psychological. Anyway stop this discussion. I do not understand your fight but respect your view. And please stop discussion. This is not psychological forum.