Hello friends
I hope you have good trading days.
After several analyzes on different coins, I found this pattern.
We are at an important point in the weekly time frame.
Bitcoin once had a failed breakout from this area.
We expect this level to be successfully broken this time and the price to move above the channel.
About 400% movement.
And you can keep your bitcoins up to the top of the channel.
But keep in mind that our midline is not broken yet.
And we have to wait for that to happen.
If the level is broken, I think this will be the last bitcoin point for the high price.
And after reaching the top of the channel, the main Bitcoin drop will start.
And it will lose its ascending channel after moving in a falling triangle.
Of course, in my opinion, the first wave of bitcoin rise will enter the correction.
A really deep correction.
The biggest correction he has ever seen.
But after this deep correction, the next and very strong wave will start, which will be wave 3.
But if the channel is broken up, we will climb as much as the initial move of bitcoin.
Which I think is very unlikely.
And bitcoin will enter a heavy phase of decline.
Anyway, now is the time to enjoy bitcoin.
But the real crypto winter will start from the top of this channel.
Of course, this is a 51% theory, which is only 1% more likely to happen.
