joshwashington

Bitcoin bottom prediction

KUCOIN:BTCUSDT   Bitcoin / Tether
these are potential paths i can see for the bottom of bitcoin. we have broken the trend line , which could reverse but most likely we are headed to find a bottom. my most probably scenario would be 22k, maybe only a wick but it would stop everyone wanting to long at 20k. the other scenarios could play out but i do not think it is very possible, for those scenarios we would need to be in a larger scale depression which could easily be the case but at that point i believe money would be coming into bitcoin and it would detach from traditional markets, this may only be a wick to roughly 18k.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.