I think price could emulate last bear market price action ,but on larger scale .(yellow arrows)
If that will happen then price should enter into a consolidation a bounce range between 8k and 12k ....with the halvening aproaching i would change my bearish bias into a bullish one .Everyone should enter into the "buy the dip" mode....retracements will be shallow and without followtru .Shorters will be REKT .
Anything under 10k should be a good buy but watch the BIG RED trend line .The wales are watching it to ,this is a long term MASSIVE support .Any buy around that area should be TREMENDEOUS for the long term .LONG
If that will happen then price should enter into a consolidation a bounce range between 8k and 12k ....with the halvening aproaching i would change my bearish bias into a bullish one .Everyone should enter into the "buy the dip" mode....retracements will be shallow and without followtru .Shorters will be REKT .
Anything under 10k should be a good buy but watch the BIG RED trend line .The wales are watching it to ,this is a long term MASSIVE support .Any buy around that area should be TREMENDEOUS for the long term .LONG