My last update was like: "Third time this year, we try to get above 30k. Until proven otherwise, we are in a bear..."
Dont get me wrong! It is possible & will be in the future... Even if we are in the bull now, we could see big retracements!
I show in this chart a potential time and price for our next sell zone. Last time after the breakout it took 44 weeks. This is where the red box is starting. Last time we hit the FIB 2.618 level and more. But we now, every time it will be less explosive. I slowly will start at FIB 1.618 with my sells.
How you already filled your bags, but if not. Dont buy now, after several green weeks in a row. Wait for the next 20-40% correction.
Good luck everybody!
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Chart did not show future date. ATH time starts in sep of 2024!
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Please feel free to zome inside the chart, so it getting way more clearer to understand!
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* zoom ...
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Look at 2019, feels like it. Bigger drop incoming?
30-32k should be revisited again, before bull returns.
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Warning! Dont get me wrong, read text above!
I wouldnt recommend to sell. I just say, wait for a better entry!
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Near ATH! Both ways possible! Prepare for special offer 30-40% down from the peak.