Here is an approximate near term road map (6 months). In my previous analysis we were yet to test the 16k region and now we have, it is very likely we will be on our path towards printing another HL. Please note we may even overshoot and test 18k region before correction phase begins
The pattern play is macro is a very rough projection, unlikely to be 100% accurate but to show a projection
This would mean breaking a lot of support. I think 4k was the last buy zone. All the weak hand would have sold, only hodlers added to there positions. Just dont think there are the sellers. Would the market be this kind to those that missed out, its very doubtful.
Crazy thing is if this happens then bears will probably short it and miss out again.
Crazy thing is if this happens then bears will probably short it and miss out again.