Bitcoin update 16.03.2023

Hi, the plan is still the same goals 28-32.5

But there's a little problem here, you see banks going bankrupt, I called it BankFalls, and on that sentiment inexperienced people are now trying to move into a deflationary instrument, bitcoin.

We are in the last already close to the last stage of this mini cycle ( logistic curve) when people will scream that bitcoin is the only salvation in anticipation of a potential world crisis. In fact it is not.
it will be very difficult to find an instrument that will not fall if a financial crisis happens, everything will fall, but something will recover faster

Most likely when most people panic they will go into the 25-32 range. According to propagation theory, this will be the final stage of this mini-bull-run or sub-cycle.

I would like us to reach the middle channel line and then go to 28-32.5 - then stay there for 2-3 weeks and then go down

Best regards EXCAVO

Comment:

The point of this post was.