Bitcoin Rally is Over: Next Stop 5,363 USD, Then 30k USD!
I even mentioned it in my interview with TradingView, which you can see in the Show-category. I also said we would go to 30k USD, and it will happen, but we need to take a detour first.
- The price structure is very
- is decreasing
- momentum is increasing
- MA20 about to cross MA10 on the Daily. Has already happened on ETH
- A lot of Longs, which means they are still in denial
- We are most likely on the C-Wave ( Distribution match this scenario)
-A Triangle ABCDE Pattern,or a combination WXY-pattern, but it seems more and more unlikely when we are dropping hard without any smaller correction to the upside.
- Whales and Exchanges are the bulls only hope.
What will happen now? -30K USD Incoming
Short term we will maybe go a bit hgher to around 12.2k, and then drop . We might also drop right away.
But dont worry, everything will be alright. Remember we came from 3.2k USD, so the chart looks overall very still, and we will most likely go to 30k USD after hitting 5,363 USD which is equal to 78.6% .
The reason is simple. There are so much money in this business, that the rich, which are controlling the market, will not let BTC die. Whales and exchanges will keep pushing again to attract new retail investors and to create a new Bitcoin Hype so it will become Mainstream.
Just continue to follow D4, and I will help you make money!! And please SMASH that LIKE-Button, like a BOSS!
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We have 3 options:
- C-Wave, and we are right now in the process of making an ABC minor correction, which is the 2nd wave.
A-Wave in a combination pattern WXY
- Triangle ABCDE-pattern
And we will catch all of the, why I really like this Short Trade Please remember to LIKE, my friends.