Are we going to break this 6m resistance to a 2 to 3 yrs bullrun to then have a decade bear market?? Or going to start a new bull market for the next 10yrs?? In my opinion is going down in the long term, just a matter of time. We’ll see.
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I took these fractals from before the COVID crash, after the CoVid crash consolidation period and from the week of December 2020.
If things continue inside this upper channel and the fundamentals gets better we could see ETN at 15 cents by February 2022.
As you can see in this monthly chart, BTC previous cycles all time highs were pretty much around the -.0382 fib extension. In 2013/14 top was -25% from the -0.382 and in 2017 it pass the -0.382 by 15%. For this new cyble the -0.382 extension is at 206k. The way I placed the fibs was by using the low from previous cycle to the midterm high before the major...
Think wisely when it comes to preserve humans wealth.
Possible idea from just coping the stochastic RSI from 2018/2021.
Think wisely when it comes to preserve humans wealth.
This could be the beginning of the next pump to 80k-100k if we break this annoying resistance at 60-70k area.