Dec.31, 2020 Assume Bitcoin reaches its peak and falls(29.7k)
Scenario that predicted the movement of Ethereum.
The launch of the CME ETH futures market on February 8, 2021 is based on the idea that ETH will rise.
The target price is about 0.07 BTC, simply calculated.
I can't see a good situation.
$28,422 is more likely to have been the high point of Bitcoin.
If Bitcoin reaches $25,200, the purple line movement is expected.
The little rebelliousness we can do.
It's only eating a dead cat rebound
There are two patterns at the real high point of Bitcoin.
1. Altcoins hold their breath while BTC on his way to the high point.
2. Altcoins hold their breath while BTC down the hill.
If we recapitulate this section that we're experiencing,
From the moment Bitcoin began to decline, there has been an explosion of Altcoins.
This means that there was not real high...
Do you know about the rat and carrot theory during my previous analysis?
I've linked you below.
I thought rat wouldn't be able to eat carrots.
It was a rat trick.
He gots a fishing rod in his hand.
It's only a matter of time.
The hungry rat eats carrots.
Bitcoin -6.7%, Etherium -4.0%
The decline in Etheriem was smaller than the fall of Bitcoin.
This is the first sign that Bitcoin has reached its peak.
If the recovery of Bitcoin is low until the Ethereum reaches its immediate high point of 650 USD (BTC 28,400 achieved fail)
This is a strong signal that Bitcoin has reached its highest point.
Etherium is painting a small picture.
This strange pattern may be aimed at attracting attention from market participants.
If eth rebound from the next convex rock,
We can target the fourth convex rock!
The reason BTC can't break the price range is because someone sells it.
But the reason why prices are going up is because someone keeps buying them.
All purchases made between the diagonal lines are profitable.
But are you satisfied here?
We need a strong drive to make it through 24,000.
We can't break through this in a structure that's all profitable as it is...
Bitcoin has increased its high and low points.
This is the movement of the whale.
The whale soon wriggles to the new top.
You can say that he has already left.
Ethereum has lowered its high point and even its low point.
This is because it's a whale sucker.
It has to hold its breath until the whale's belly is completely up.
Pretending to be an absent fish, the...
Do you know why Christmas in winter is planted in trees?
It's because the snow piles up.
Watch out for squirrels when you walk on trees.
Don't be impatient.
Don't be greedy.
One trading is more profitable than 10 tradings
Lower high points and lower low points.
It's a signal of decline.
The trend line is a good place to make a profit, but it's dangerous.
But if you are greedy, you could trade at that location.
Please refer to my last idea.
It will help you manage your desires.
Do you know how Bitcoin broke the record on February 24, 2017?
I've been looking at the chart for a long time, so I can see it in my head.
Today, it broke 20,000 USD and history repeats itself.
Let's say it again.
Buying bottom the '1-Day red candle' will help you become the most successful trader for '1-Month'
Don't be afraid of the price going higher.