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Fox666
Mar 21, 2020 10:45 AM

Capitulation is coming Short

Bitcoin / U.S. dollarBitstamp

Description

In the coming weeks we will see an epic fall of about 65 to 75 percent of the current 6000 USD.

Comment

Change of FINAL TARGET 2 = 1427 USD (Wave V)

Comment

The bottom could be in the week from 13.7. 2020
Comments
cryptotrain
just because of the details and ideas on this chart. I gave you a follow and thumbs up. keep it up
charliebveg
Thanks for your work. What do you think about next halving?
Fox666
@charliebveg, I think it will be reflected in the price later in the next bullrun. In the beginning, the miners will be demotivated. I think the capitulation will come very soon.
charliebveg
@Fox666, thanks again!
gigabyte3d
still the same plan?
Fox666
@gigabyte3d, Yes. So far, we have not exceeded the previous peak of 7236 and the long-term trend line (8120 on the logarithmic chart and 7520 on the linear chart). 7150 is a strong monthly resistance. there's the Weekly MA 77 and the MA 100. And if we don't beat 10500, it's still low high. There are so many resistances above us that it is really dangerous to buy. And especially when the recession begins.
mikhail1919
Why is the end of the bear market in June?
Fox666
@mikhail1919, All time high was in December 2017, low 3122 was in December 2018. It took a year. High 13880 was in June 2019. The bottom may be in June 2020. In the week of 22 June will create a 10 year moving average. On this chart BLX This should be based on 2200 USD. There could close the weekly candle, but the wick may close the GAP 1350-1830 USD. We'll see, but that's how I see it best.
Fox666
@mikhail1919, 10 year moving average = Daily MA 3650, weekly MA 520, monthly MA 120
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