Hey everyone JT here... Here we are atlas, battling the ATH's and validating the bulls rally cry that WE ARE NOT IN A BEAR MARKET...
So what next? Here is a chart I have assembled with two historical fractals to paint a picture of how I think the next few months will play out.
I believe there will be consolidation near ATH where we will see 20% swings up and down until it coils and eventually begins the inevitable blow-off top.
If you go back two posts I explain how high I think we will be going, when we will be going there, and my reasoning as to why I believe these targets and how I got to them. So go take a look at that post! This is sort of an update and everyday we gather more information allowing us to subtly adjust targets and expectations.
These fractals in conjunction not only bring us out to my price targets, but also to my hopeful time expectations, where I'll personally be taking profits and exiting this market.
As always this is not financial advice this is just my personal opinions and my thoughts of what BTC is doing.
If you agree or like the idea smash the like button! Thanks everyone, If you have any ideas or questions drop a comment below!!
EDIT* the top white line is currently the price of the highest weekly close** forgot to explain that I believe this is our main line in the sand that we will consolidate under. Major resistance.
So what next? Here is a chart I have assembled with two historical fractals to paint a picture of how I think the next few months will play out.
I believe there will be consolidation near ATH where we will see 20% swings up and down until it coils and eventually begins the inevitable blow-off top.
If you go back two posts I explain how high I think we will be going, when we will be going there, and my reasoning as to why I believe these targets and how I got to them. So go take a look at that post! This is sort of an update and everyday we gather more information allowing us to subtly adjust targets and expectations.
These fractals in conjunction not only bring us out to my price targets, but also to my hopeful time expectations, where I'll personally be taking profits and exiting this market.
As always this is not financial advice this is just my personal opinions and my thoughts of what BTC is doing.
If you agree or like the idea smash the like button! Thanks everyone, If you have any ideas or questions drop a comment below!!
EDIT* the top white line is currently the price of the highest weekly close** forgot to explain that I believe this is our main line in the sand that we will consolidate under. Major resistance.