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Simon_says
May 2, 2021 4:48 PM

Entry and exit strategy for Bitcoin pt4 

Bitcoin / U.S. dollarBitstamp

Description

Hello future crypto-millionaires :-)

So far my analysis seems to be quite accurate and the monthly RSI (data not shown) hit an overbought level EXXAAACCTLY as in August/September 2017 (orange line). If the pattern and retracement (-40%) will repeat itself (blue lines in the right top) then we should enter a surprising but short-term correction (6-8 weeks) with strong support at 39/41k.

According to BTC.D, dominance is falling sharply and will keep going down for another few weeks, in the meantime ETH and other altcoins should pump up... STRONK!

Seems like a huge amount of good altcoin projects e.g. BNB will irreversibly steal Bitcoins Dominance forever. In my opinion, the new BTC.D high will be in a range of 55% after this supercycle will end up in autumn/winter 2021.


Part 3


Part 2


Part 1



Please check my other plots, including the prediction of BNBUSD based on long-term wave/fractals.

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Why I’m Confident the Bitcoin Bull Run ISN’T OVER YET!!
youtube.com/watch?v=Xy_uebmReWs

colintalkscrypto.com/cbbi/

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Comments
dRends35
It topped.
MySuccessStory
Nice work!
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