BTC Long-Term Short IDEA !! Read More..

in a simple Classic technical Analysis View with a combination of international economy status, As you can see there is a repeated pattern on BTC/USDT Daily and 12H Time-Frame Pattern which can lead down the Price to 10K $ !!

From ATH (69K $) Price Goes down and makes a Bearish Flag which reached its target of 18K $ in our first Zone, But on the macro-scale of the international economy, there is no sign of an end for the bear market so we need to have another leg down!

Now again the pattern is repeated and can make another downward leg to 10K $ which is the most powerful zone for price reversal (PRZ) so it can happen again!

But how do watch this process ?!

Tomorrow We will have an important factor from the USA which can start the Breaking down from the short-term upside channel can start the process, as the previous trend again we can have consolidation and some range days in 50% of the movement in (14K $ to 16K $) and after that, the last part of the bear market will be shown as a capitalization phase and all STH & most of LTH will be flashed out of the market in around 10K $ !!!

this scenario is so scary but on the scale of Long-Term movement and in a Macro Scale of the International Economy I guess it's gonna be happening but remember any ideas can be canceled and ignored so also with this idea have about 20% of my basket bought around 20K $ for longterm investment and may add another 20% in around 14K $ to 16K $ and wait for the rest of the basket to see whats happen next in 10K or anything else...

Remember this Scenario is for a Long-Term view so it will take about 42 to 50 Days to happen also we have a potential PRZ Date & PRZ Price as shown on the chart

Stay Safe and out of FOMO !!
Funds are SAFU

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