Retail trader flush - A scenario to keep in mind...
Along my crypto journey; whenever someone wanted to compare bitcoin to another financial asset, they would compare it to gold. We can agree that bitcoin is in its early days... So I told myself to look at golds price action in its early days in the registered market....and I found this. This could be a longshot but I personally have a biased bearish view of the economy in the next few years and I really think this could be possible...Weve been in a HUGE secular bull market since the 70' and I think we have a nice secular bear market waiting for us. Elliot Wave's theory says its possible...
I think we will reach around 40-60k before diving down for the next few years. It may be the last chance to dump your bags.
I expect that we will dump below wave's 4 bottom. There is a huge imbalance zone around $1500 on the montly chart.
I may be smoking hopium... but with everyone expecting a bull market OR a final flush to 13k before flying back up; would it really surprise you if we dump below that....
I think we will reach around 40-60k before diving down for the next few years. It may be the last chance to dump your bags.
I expect that we will dump below wave's 4 bottom. There is a huge imbalance zone around $1500 on the montly chart.
I may be smoking hopium... but with everyone expecting a bull market OR a final flush to 13k before flying back up; would it really surprise you if we dump below that....
