People seem pretty attached to Bitcoin lately. Expect a bounce off of 43k region back into the low $50's before a strong southern movement to the $28-30k region. Painful, but needed before a move back up to challenge the $70-80k region. This may take all of March to play out, similar to the XRP consolidation throughout February. #butagainiapparentlydontknowanythingaboutbitcoin #thistimesdifferent #haha
I like your analytics, I always do. But I would like to ask you to pay attention to a certain point from the past. There is a similarity of tf 1D fractals. Open the chart and see. There was the same mirror-level testing as in 2017, followed by strong growth. Based on this, we can expect a price of $70-80k
Money moves from the inpatient to the patient. - Warren Buffet.
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yes i think it will take at least 3 weeks to play out. Nice work
wjohnson2250
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Why is the painful bouncing needed?
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@wjohnson2250, because then the weak hands sell their btc to the strong hands and the week hands buy back at the top
supremetrejdr
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@wjohnson2250, because you're calling it painful. obviously you're afraid of it so the chance for it to happens is pretty high
wjohnson2250
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@supremetrejdr, no you said it was going to be painful. Just wanted to know your rationale.
supremetrejdr
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@wjohnson2250, i think most ppl in crypto right now don't wanna see these low numbers. im assuming most of them were buying way above 20k area, ppl that bought anywhere around 10k don't give a damn about such predictions.