This is when I believe bitcoin bottoms in 2022
And yes I am the only person who believes this final leg of the bull market is a fakeout.
Plenty of stuff on the screen.
A huge upsloping parallel channel with 4 touchpoints already. So it's a valid channel. 20k top 4 years ago. 3k bottom in 2019. 4k bottom for march 2020 covid crash. 65k top for our top a few months back.
A downsloping resistance from 2018-2019's bear market lining up with the bottom of the channel. 20k top in 2017 and the 13.5k top just before we finally started the bullrun.
It is also the point of control on the volume profile.
It is 2 years to the day after our march 2020 "covid crash" which I am 100% confident is approaching again. The exact same crash.
Markets like to move in cycles. Do you think it's possible we crash exactly 2 years to the day after the covid crash for another "covid-like" market capitulation? I do. And I'm not budging from this happening.
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I said my last post would be my last but this is the last one. This is what I think happens over the next 6 months. I'll be buying 9600$ bitcoin in march 2022. Do you think that's impossible? Well... sure. Why not. It's impossible. Enjoy the rest of the "bullrun."
Plenty of stuff on the screen.
A huge upsloping parallel channel with 4 touchpoints already. So it's a valid channel. 20k top 4 years ago. 3k bottom in 2019. 4k bottom for march 2020 covid crash. 65k top for our top a few months back.
A downsloping resistance from 2018-2019's bear market lining up with the bottom of the channel. 20k top in 2017 and the 13.5k top just before we finally started the bullrun.
It is also the point of control on the volume profile.
It is 2 years to the day after our march 2020 "covid crash" which I am 100% confident is approaching again. The exact same crash.
Markets like to move in cycles. Do you think it's possible we crash exactly 2 years to the day after the covid crash for another "covid-like" market capitulation? I do. And I'm not budging from this happening.
___
___
___
I said my last post would be my last but this is the last one. This is what I think happens over the next 6 months. I'll be buying 9600$ bitcoin in march 2022. Do you think that's impossible? Well... sure. Why not. It's impossible. Enjoy the rest of the "bullrun."
Comment:
Third idea. If we are capitulating completely in late november...
1.618 fib extension. 5k bitcoin? End of november? It sounds crazy. I know.
I expect a nightmare of a crash. I just am not sure when... Yet. I'll know more in a few weeks.
1.618 fib extension. 5k bitcoin? End of november? It sounds crazy. I know.
I expect a nightmare of a crash. I just am not sure when... Yet. I'll know more in a few weeks.
I suspect we might crash to 41k in a week. If this happens? 16k in november. I'm getting really excited and ready to watch the bulls cry. I think the destruction might be starting earlier than i thought.