This is one of a million reasons to why i think we havent bottom yet. Please dont cry in the comments, this is simply just an idea i wanna share with everyone NFA,DYOR Bitcoin/BTC/Crypto target is 10-12k and it worst case 7k and best case 14k
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History is still repeating i can see, in 2018 the same thing happened before the real crash
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Still working and repeating a similar pattern to 2018s bear market NFA - I think it will not be long before we get a correction down (21.5-22k down to 19-17k zone)
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i was ccorrect.
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we may not hit 10k but i think 12-13k would be considered "normal" and is the overall target (10k is still possible tho) NFA
If you check the weekly RSI it gives a hit that this move to 10k that most are expeting allready happen it still may go lower but if we dont get a weekly close under 300MA weekly that acted as support since 2015 its highly unlikely this to play out i would also like my self cheap BTC and crypto overall but from technical point of wiev its doubtfull it will happen considering the EU/usd broket its 1 year downtrend resistance to the upside keep your stop losses reasonable
danlee0
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haha, just suffered $800.000.000,- shortsqueeze WTF
Solldy
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Very professional work! A clear chart with a good description of the scenario.