Many traders are looking for a 30k as a price target on bitcoin, but I don't think so.
Since the first bear market was very sharp and now the uptrend looks pretty much as a B Wave (too flat) I assume that there is a huge possibility for a new bear market coming (C wave).
This C wave could be pretty sharp as well or just keep scrolling down very slow, so we need to look for sell signals from now.
The target? well, somewhere around 3k-2.5k will complete the huge weekly flat that I looking for on this forecast.
Do you agree? Let me know your opinion on the comments below.
Since the first bear market was very sharp and now the uptrend looks pretty much as a B Wave (too flat) I assume that there is a huge possibility for a new bear market coming (C wave).
This C wave could be pretty sharp as well or just keep scrolling down very slow, so we need to look for sell signals from now.
The target? well, somewhere around 3k-2.5k will complete the huge weekly flat that I looking for on this forecast.
Do you agree? Let me know your opinion on the comments below.