Get started
Legenden17

BTC, Fases of a Bearmarket

Long
Bitcoin (BITSTAMP:BTCUSD)  
Legenden17  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis BTC Fibonacci Retracement waves
3
0
trendanalysis chartpattern waveanalysis btc fibonacciretracement waves
First of all, this is not financial advice

Bitcoin is following the past 2 bearmarket structures

Red = Top
Yellow = crash after losing an important level (6k in 2018, 30k in 2022)
Green = re-accumulation (currently in)

After this, a push to at least the 0.618 / 0.702 fib is following wich means that 50.000 btc is in the play
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.