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andre_007
Dec 24, 2022 7:05 PM

🎅Christmas rally without a gift🎁❌ 

Bitcoin all time history indexINDEX

Description

📈This is my prediction for next year.
⚡If it breaks below $15,500, the next target is $10,500.
🐻As long as it does not remain above $17,500, the scenario remains bearish.

🔨I believe that the price will make one last rise before the final sledgehammer down.
Comments
wargolynch
6600$?!
andre_007
Looking at the Volume Profile, only if break $8000:


wargolynch
@andre_007, I think a WXYXZ correction toward 9-12k should be enough. Then a long sideway market like in 2015.

If you want to study an institutional tool, you'd better look at Grayscale Bitcoin Trust and the Proshares ETF imo.
CME futures volumes are low and the only reason past gaps were always filled is because it opened ATH in 2017; there is not any causality.
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