Bitcoin has been doing everything I have expected and following everything all of 2022 on the map. There is no question we are not done and that the main Dip is about to show itself. Please do NOT buy until you see Bitcoin near 10K or at least 12K which I suspect major buyers are waiting at now. Trade carefully.
The main targets I give are as follows for January/February 2023. If you see the price here consider buying. My most likely buy will be 10-12K
TARGET 1: 12K
TARGET 2: 10K
TARGET 3 6.9K
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in progress
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PHASE E is next. This latest rally is a suckers rally also an illusion of a rally from the FTX scare drop... without FTX that drop wouldn't have happened which caused this 43% rally in Bitcoin this month. Without FTX the rally would not have been much at all and so a final rejection will occur around this time and February will be some VERY good bottom prices. Bitcoin as if now is expected by my analysis to find its TRUE BOTTOM of the bear cycle in February-March 2023
When the market falls to 10, will it hit the higher price? When did we buy a fix because I heard that it is bought by exchanges on 10 quickly! How long does it take to buy? How many hours or days?
CryptoToTheFuture
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@alafzi, When you see 10-12K Dive in and LONG and yes the market this summer will go higher but not ATH
nmchary
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As per my Analysis Bitcoin is resetting its over all cycle from 2010...so technically at some point of time Bitcoin to come to 7k or 6k or in worst case 5k, that is as per your TA its Target3.