I'm expecting for Bitcoin to drop down to at least $47,000 possibly even down to $45,000. That is where it is a good idea to buy with a close stop loss of $43,000 . This pull back should take BTC to an All time High of at least $69,000, with a Stretch goal of $78,500 and a SUPER STRETCH (yet unlikely) goal of $98,000 before making the same pull back.
Good luck
Good luck
Comment:
lining up perfectly, let's get it to touch, bounce up and maybe touch again... there is also a chance it drops down to $44K (maybe overshoot a bit) but I'm pretty confident it will rebound back. this is why my stoploss is $43K.
Comment:
going perfectly as planned. We do want a retouch at $51,450 before making it back to $57,000 for a healthy bull Trend. If it doesn't retouch before hitting $57k it will fall again and have another retest at $46,900.
In essence, if it retests like the beginning of blue it will follow Yellow, if it doesn't retest then it will follow the last half of blue.
Just some thoughts.
In essence, if it retests like the beginning of blue it will follow Yellow, if it doesn't retest then it will follow the last half of blue.
Just some thoughts.