So we dropped from the highs as predicted and now we are in a desceing channel as we pointed out on the previous video where we expected the different versions of the historical analogue.
So far we are following it exactly and we are expecting more downside because of that.
This is a fantastic opportunity ONCE we break lower! Crypto will be so cheap to buy the dip.
Thank you, 12941 !!! people say when it goes down they would buy a lot, but reality when it lose the value most people leave BTC, I saw it happen many times. but not me :)
Sporia
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we can all dream of these prices , realistically these prices are only in the minds that missed out highly unlikely this ever happens , thanks for your outlook tho
bkprofits
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@Sporia, 20k is possible because that was previous all-time high. Anything lower than that is a bear market.
Sporia
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@bkprofits, Bitcoin has never in its history returned to a all time high after breaking it in a bull run what people are hoping for to get in "lower" has never been done before , not not saying its not possible , what I'm saying is there is statically higher chance bitcoin going 100k this year than 20k based on history
bkprofits
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@Sporia, Who said BTC can't do both? It is highly likely that BTC (based on the current Wyckoff distribution pattern) returns to test the 19-21k area before spiking back up. After we hit the 20k region we can then shoot to 100k near the end of the year. There is a ton of manipulation and my personal theory is that the whales are draining the weak hands so that they can accumulate more before next bull run. All this fud is controlled by the mainstream media.
Sporia
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@bkprofits, "highly Likely" based on Wyckoff distribution lol, or is it accumulation? is the 1hour timeframe? or 1D timeframe? , there is a lot Wyckoff estimations and predictions flying around , everyone seems to be a Wyckoff expert now all of a sudden , saying its "highly likely" based a estimated Wyckoff prediction is a long stretch , as for your personal theory of whales ,draining etc I side with you but its nothing new , if you been around more than 5 years in the space the FUD is always around just another day in Bitcoin world lol
supremetrejdr
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@Sporia, past performance doesn't indicate future results. We're in different times now.
Sporia
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@supremetrejdr, being hearing that exact same sentence for years now lol , open your limit order at 12k enjoy xD