The 3 day chart of bitcoin on heikin ashi has recently deviated from the bull trend and OPENED below the LSMA 50.
on the 3 day chart, the LSMA 50 is extremely consistent for both bull runs and selloffs, i have reason to believe that bitcoin may dump 40-60% from current levels
this is us in 2021 as of march 25th
this is 2018 at the beginning of the bear market
november 2018
if Bitcoin can somehow reverse this 3 day trend this fast, it would be a first in bitcoin history
i see 40k as a minimum target
on the 3 day chart, the LSMA 50 is extremely consistent for both bull runs and selloffs, i have reason to believe that bitcoin may dump 40-60% from current levels
this is us in 2021 as of march 25th
this is 2018 at the beginning of the bear market
november 2018
if Bitcoin can somehow reverse this 3 day trend this fast, it would be a first in bitcoin history
i see 40k as a minimum target
Comment:
I was little a bit off, but we did eventually crash by 55%. lol