I removed most indicators to help see the picture. Nothing crazy, just patterns. Things are just hidden in plain sight, sometimes indicators, technical analyses etc. is just there to obliterate your mind from seeing the picture. This is purely from patterns... As we live in a fractal universe.
We have two targets.
This is worse case scenario if BTC looses 18.5k Support. Keep in mind, we are not going to see all time highs within weeks. Yes it can be traded and bounces will occur. Respectively this is just a full speculative picture.
*This becomes invalidated if we close a weekly above 44.5k* and hold this current shakedown*
It's evident that the USD is collapsing and a new currency will take it's order... Hence "The new world order" - This has repeated many times, the rise and fall of nations. All the USD printed in the plannedemic was set to move into the markets, to get the masses aware and pour their life savings, stimulus, etc into it. Well now that it's happened, it's time to shake them down.
There will be many events to have this happen. We are seeing it live with the raise in taxes, the loss of jobs as they become automated, food shortages. Truckers will one day actually succeed and make a statement on the economy. Basically, it's obvious that life cannot be sustained financially with the way the US economy is... At least for the masses... But it goes beyond that, as the US really has nothing that can stimulate the economy as we source out everything outside of the country. We can talk all day about this but this will become a whole book.
This is where things change this time around. We are the first human beings in existence to ever live life like this. The digital era. We will have the opportunity to move all financial assets to a decentralized system. Ignore all these blockchain developments ongoing, all these other alt-coins. Just focus on the basic backbone of Bitcoin... Proof Of Work and Peer to Peer. That's all there is to it.
Anyways that's how I see "The big picture" for the next 4 years.
Current plan is to look for a short opportunity @~$36,000 BTC. I wont say hold this position as I day trade it. But it's a zone to watch out for reversals.
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Everything played out beautifully. The USD is indeed collapsing now. Lots of uncertainty coming this month of April.
We will see a quick jump to 31k. With a possible quick retrace. But overall this is what will play out. Price to $34500 and distribution to $37800.
From there the US will probably file a lawsuit against exchanges. Coinbase, Binance etc. and blame them for inflating the USD with USDT and USDC.
The new digital USD will be said to ban all it's correlation with exchanging into crypto digital currencies. All this combined with financial uncertainties will cause an overall stock and crypto shakedown.
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I believe green path will play out in the following weeks. The red path will need crazy world wide financial events
Have you seen the trading volumes in USDT and USDC against the trading pairs to the real USD? How can you seriously incriminate inflating the dollar with such volume? I'm not going to change your mind, I'll just say that I'm not at all convinced by you. Yes there will be a correction, but this whole complicated foray into the crypto industry is a bogeyman. Just a normal big cycle correction. Nothing more.
jovani7919
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@averkie_skila, That's the thing... The excuse of those in control will blame the USD inflation by being used in other countries and forging the note to where it's no longer stable. The blame for crypto will also be used. Are they true? It doesn't matter because they show the masses what they want to see. Real or not. Flash crashes happen and when tapping into liquidity it just corrects faster. Do I see a new ATH? F yes. We are just in rough sea water at the moment and anything can happen. Just like the plannedemic crash. All I know is that the next correction will happen with lawsuits with exchanges and the new Gov. issued digital dollar being "banned" from being traded with crypto. It'll be short lived just for the sake of correction.
averkie_skila
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@jovani7919, issued digital dollar being "banned" from being traded with crypto - What makes you think that? Is there any other reason besides your thoughts? Is there someone else's thoughts?
Blockshame
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@averkie_skila Digital Dollar and also Digital Euro will be banned to buy crypto. They dont want you to have crypto. They want you to be slaved. Digital Dollar or Euro are "cbdc" money. It can be be Programme for whatever. You used too much gas last month? You will be sanctionized the next month and so on. Its about controlling consume in the Name of "climate change". They want Controller everything so they will not allow you to buy crypto with it.
Jovani is right, they will blame every correction on reason he named already. Put your head out of the sand mate
averkie_skila
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@Blockshame, I've been hearing this since about 2013. Back then there wasn't even USDT yet. And when did you buy your first crypto-assets?
Blockshame
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@averkie_skila, you heard from cbdc-money in 2013? I dont think so... Its something new they are developing at the moment. This will be a huge thing, this will change everything. They cannot controll what you do with your wealth if you pay with cash, but with cbdc money they can controll every of your steps. Just google about it and you'll see.
I bought my first btcs 4 years ago, but what has this to do with cbdc?
averkie_skila
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@Blockshame, I opened my first Bitstamp trading account in 2014.