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NickelOak
Mar 2, 2022 7:29 PM

BTCUSD - Pump then Dump Short

Bitcoin / United States DollarCoinbase

Description

-Hidden bullish divergence indicates potential increase in price.
-I could see price running up to around 53K to 55K, followed by a protracted pullback.
-I still think 20K Bitcoin is more likely than 100K Bitcoin, at this point.
-I'm still bearish on crypto overall.

Comment



Of course, it's also possible that price just dumps from here (1M chart).

Comment

I think 6 figure Bitcoin is highly unlikely anytime in the next 12 to 18 months. After that? Moon!

Comment



And it'll be interesting to see which trend line price breaks first.
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