We have been waiting for confirmation of this new trend as there was a lot of "FUD" to sift through, but our charts never lie. Forget all the news, this is BTC's most likely path. Enjoy the discount prices and make sure to hoard as much BTC as you can at the lower levels. None of this is financial advice and you must do all your own research prior to making any financial investments. We only put out analysis based on true market trends and Technical analysis. The ABC elliot waves you see here are part of the major market correction from the 2021 BTC top and all the moves in between are generic impulse waves within each Major Impulse. We plotted points of confluence based on VPR nodes as well as wave based trend fibs. BTC will move up and down in between all the impulse waves, but we believe a Bear Market has began. We are currently working on a YOUTUBE channel to be able to bring our followers the most up to date market info going in to the next cycle. To make life changing investment moves make sure to study our charts, add in your own analysis and make your investments accordingly. HAPPY TRADING!!!
"We believe a Bear Market has began" and "make sure to hoard as much BTC as you can at the lower levels". What levels? Chart shows 26k. If you want to lose 50% of your investment then sure, buy there.
hbayatne
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@Mikanoshi, overall cryptocurrency is here to stay. BTC will eventually hit new ATHs again. But it is better to BUY at low levels than it is at higher ones. For those looking to HODL in an asset that will eventually turn a decent profit, why not? Just like any investment, you should practice your own risk management and only make investments you are comfortable making, The article is a "short" article and is letting everybody know we are going lower. If your goal is to stay on the sidelines so be it. None of us know the bottoms and the tops, but we can let the charts guide us in making our investment decisions. Funny how I accrued most of my chart followers and likes during a bull run, but during the dumps nobody wants to engage. When the market gets bullish again I will post more extremely accurate charts that will draw in thousands of followers. I started posting Tradingview charts towards the end of this Bull run, as I started calling short signals and dumps people became less engaged. This is why people don't understand markets. They cannot go up forever and some have to lose for others to gain. Letting the charts guide us and reacting to those signals is what will make us successful traders. Thanks for your feedback and hope you make some great trades.