1) in a macrocycle with multiple inflation and deflation peaks, like in the '70s (red). That means we can see a mini bull market up to 54k and then 7k-10k. 2) in a stage 2 bear market full of bear market rallies (next one up to 22-24k?). Then stage 3 (new drop to 12k) and stage 4 (depression, 2 years of low prices between 12-16k), like in the '40s. 3) in a stage 3 bear market full of bear market rallies (next one up to 22-24k?). Then stage 3 (new drop to 12k) and stage 4 (depression, 2 years of low prices with a monthly deviation that brings prices to 7-8k), like in 2002.
Neither..we drop from here and wont see 22-24K before
CryptoWhale100Billion
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Nice chart I think btc will do a pull back to 19100
vitsha
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Most people who are out of bitcoin for many reasons now want to buy cheap bitcoin. Because now it is the most liquid asset of the world. But there won't be cheap bitcoin. Those who hodl don't sell. I don't sell. I also want to buy bitcoin cheaper but have no chance.
sadegh1373
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good
SwallowPremium
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Interesting charting style! thanks for the view
Solldy
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I agree with you, but my targets are different from yours. I wonder how you define targets for your strategy?
Homocryptus
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@Solldy, it's a mix of fib speed resistance fan analysis and range-based analysis
Homocryptus
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@Solldy, also look at the median moving bands price points